Santos says it's disingenuous for the Greens to complain it's paying just two and a half thousand dollars a year for each coal seam gas well in the Pilliga State Forest.
The oil and gas company says it's reviewing coal seam gas mining plans for the forest in New South Wales, including a proposal to drill more than one-thousand wells. The former Labor state government signed an agreement with Eastern Star Gas in February 2011, giving it permission to access the forest until 2040.
When Santos bought Eastern Star Gas in November it inherited the agreement. Santos say mining royalties would earn the government around $150 million.
Sky News
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