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Surat Basin Property Group - QGC

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CASE STUDY<br />

AIPP REPORT May 2012<br />

<strong>Surat</strong> <strong>Basin</strong> <strong>Property</strong> <strong>Group</strong><br />

<strong>QGC</strong> and property company <strong>Surat</strong> <strong>Basin</strong> <strong>Property</strong> <strong>Group</strong> are about<br />

to embark on a significant building project in the Western Downs<br />

following the award of a contract to build 18 houses in Chinchilla and<br />

Miles.<br />

<strong>Surat</strong> <strong>Basin</strong> <strong>Property</strong> <strong>Group</strong> was started by Chinchilla local Greg West<br />

and other company directors in 2005. They have family ties with the<br />

Chinchilla community going back to the 1920s.<br />

<strong>Surat</strong> <strong>Basin</strong> <strong>Property</strong> <strong>Group</strong> has 60 staff located in Chinchilla and<br />

Brisbane and a land bank to supply 2500 residential lots and about<br />

200 industrial lots in the region.<br />

The group’s chief operating officer, Jason van Hooft, said the company<br />

was the largest builder and developer in the <strong>Surat</strong> <strong>Basin</strong> area and its<br />

clients for both residential and industrial property stretched across<br />

the country.<br />

“What is happening less than four hours west of Brisbane is a largely<br />

untold story and it has only just begun,” he said.<br />

Quick facts<br />

• <strong>Surat</strong> <strong>Basin</strong> <strong>Property</strong> <strong>Group</strong><br />

was started by Chinchilla<br />

local Greg West<br />

• 60 staff are located in<br />

Chinchilla and Brisbane<br />

• <strong>Surat</strong> <strong>Basin</strong> <strong>Property</strong> <strong>Group</strong><br />

has a significant local<br />

presence in the Western<br />

Downs, with property<br />

marketing, rental and<br />

maintenance functions for<br />

purchasers<br />

• <strong>QGC</strong> is investing a total of<br />

more than A$60 million<br />

project-wide as part of its<br />

integrated housing strategy<br />

Mr van Hooft said the company had a significant local presence, with<br />

its own property marketing, rental and maintenance operations to<br />

provide support for purchasers.<br />

Greg West and Jay Wilms (<strong>Surat</strong> <strong>Basin</strong> Homes Director)


About <strong>QGC</strong><br />

<strong>QGC</strong> is a leading Australian coal seam<br />

gas explorer and producer focused on<br />

developing world-class reserves for<br />

domestic and international supply.<br />

Almost 9000 staff and contractors<br />

work for us in central and southern<br />

Queensland.<br />

Our priority development is QCLNG<br />

– one of Australia’s biggest capital<br />

infrastructure projects and the world’s<br />

first liquefied natural gas project<br />

based on gas from coal seams.<br />

From left, Jason van Hooft, Colin West, Brad Lister, and Greg West<br />

<strong>QGC</strong> will be working across the <strong>Surat</strong> <strong>Basin</strong><br />

for many years to come and aims to create<br />

lasting benefits for the local community.<br />

“<strong>Surat</strong> <strong>Basin</strong> <strong>Property</strong> <strong>Group</strong> is delighted to be able to help <strong>QGC</strong><br />

meet its residential housing needs at a time where accommodation<br />

is scarce and rental demand is high,” Mr van Hooft said.<br />

“The whole <strong>Surat</strong> <strong>Basin</strong> is undergoing an evolution linked to the<br />

resources sector which will see it continue to grow and prosper for<br />

decades to come.”<br />

<strong>QGC</strong> is investing a total of more than A$60 million project-wide as<br />

part of its integrated housing strategy, which aims to ease housing<br />

pressures during the construction of QCLNG.<br />

The homes being built by the <strong>Surat</strong> <strong>Basin</strong> <strong>Property</strong> <strong>Group</strong> are due<br />

for completion by the end of 2013 and will accommodate staff<br />

and increase housing stock to help ensure a balance of supply and<br />

demand in Chinchilla and Miles.<br />

Where possible, the contractors will use local suppliers and<br />

tradespeople to build and fit out the homes.<br />

<strong>QGC</strong> will be working across the <strong>Surat</strong> <strong>Basin</strong> for many years to come<br />

and aims to create lasting benefits for the local community.<br />

QCLNG involves significantly<br />

expanding <strong>QGC</strong>’s operations in<br />

the <strong>Surat</strong> <strong>Basin</strong> and transporting<br />

the gas via a 540km underground<br />

pipeline network to Curtis Island, off<br />

Gladstone, where it will be cooled to a<br />

liquid for transport by ship.<br />

<strong>QGC</strong> also supplies about 20 per cent<br />

of Queensland’s gas demand through<br />

our existing domestic gas business.<br />

Our commitments<br />

We seek to minimise the effects of our<br />

operations on landholders and make a<br />

positive contribution to the protection<br />

of the environment.<br />

We run our business in accordance<br />

with government regulations, industry<br />

standards and the access rules that we<br />

agree with landholders.<br />

Our staff, contractors and consultants<br />

follow <strong>QGC</strong>’s Code of Conduct,<br />

outlined in our Information for<br />

Landholders booklet available via our<br />

website: www.qgc.com.au<br />

Contact details<br />

Please contact <strong>QGC</strong> for more information.<br />

1800 030 443 (toll-free)<br />

email: community@bg-group.com<br />

<strong>QGC</strong> Pty Limited<br />

275 George St<br />

Brisbane QLD 4000, Australia

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