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Po Valley Receives Environmental Approval for Selva Gas Field

Source: www.gulfoilandgas.com 1/7/2020, Location: Europe

Australia’s Po Valley Energy has received formal technical environmental approval from the Italian Environment Ministry for its 63%-owned Selva gas field development in northern Italy.

The Selva development has a small footprint of less than half a hectare and will have no emissions from any future commissioning of its gas inventory.

The environmental approval is a precursor to final sign off by Environment Minister decree, the issuing of the required INTESA (intergovernmental agreement) and the final grant of a production concession as issued by Italy’s Economic Development Ministry.

Selva has gas reserves of 13.3bcf (2P) (refer ASX Announcement 8 February 2019) and has already secured the grant of a preliminary Production Concession ahead of final development slated for this calendar year.

Po Valley plans to initially install a fully automated gas plant at the existing Selva/Podere Maiar 1dir well site and install a one-kilometre long pipeline to connect the well with the nearby Italian National Gas Grid.

Following the successful farm out to United Oil and Gas 20% and Prospex Oil and Gas 17%, Po Valley Energy holds a 63% share of the Podere Gallina licence, which contains the Selva gas field.

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Related Categories: Ecological & Environmental  Emissions Measuring  Environment Management, Consultancy  Environmental Services  General  Hazardous Waste Management  Oil Spill & Emergency Response  Safety Services  Waste Disposal 

Related Articles: Ecological & Environmental  Emissions Measuring  Environment Management, Consultancy  Environmental Services  General  Oil Spill & Emergency Response  Safety Services  Waste Disposal 


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