Black Mountain Energy is continuing to progress environmental approvals for its flagship Project Valhalla in Western Australia’s Canning Basin, as it prepares to showcase the project internationally and engage further with stakeholders.
The company confirmed it had received feedback from WA’s Environmental Protection Authority Services (EPA Services) on its Response to Submissions, with the approval process described as moving forward with “positive momentum”.
A final assessment report from the EPA is anticipated by mid-2025, pending government resourcing.
At the federal level, the Department of Climate Change, Energy, the Environment and Water (DCCEEW) has determined that the project is a “controlled action” under the EPBC Act and will be assessed via preliminary documentation.
Black Mountain is currently preparing a formal response to the department’s latest request for information.
“Project Valhalla represents a significant onshore gas opportunity, and we’re focused on progressing it in a way that delivers long-term value to local communities, Traditional Owners and Western Australia,” the company said in a statement.
Black Mountain holds 100 per cent ownership of exploration permit EP 371, which covers the Valhalla prospect.
In the meantime, the company is set to present at the SEAPEX petroleum exploration conference in Singapore this May.
It had clarified it is not currently seeking joint venture partners or pursuing a sale of the project.
A refreshed website has also been launched on Black Mountain’s website, offering stakeholders updates and information on the company’s activities.
Black Mountain’s Annual General Meeting is scheduled for 30 May 2025.
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