The Flying Fox River Carbon Project

The Flying Fox River Carbon Project is a large-scale Human-Induced Regeneration (HIR) project located in the Roper Gulf region of the Northern Territory, approximately 70 to 100 kilometers east of Mataranka. Registered in September 2023, the project encompasses a massive area of 232,823 hectares, covering the pastoral lease aggregation of Moroak and Goondooloo Stations.

Human-Induced Regeneration projects involve regenerating native forests on land where vegetation has been suppressed for at least a decade. In this context, the project allows for the regrowth of permanent even-aged native forests, likely tropical savanna woodlands, by managing "suppressors" such as livestock and feral animals. This is achieved primarily through controlling the timing and extent of cattle grazing, allowing native seed stocks and root systems to regenerate naturally without the need for direct planting.

The region is characterized by a humid monsoonal climate with distinct wet and dry seasons and an average annual rainfall of approximately 950mm. The landscape features the Roper River and Flying Fox Creek, with soils ranging from alluvial black clays on floodplains to pisolitic and red earth soils in the upland areas. The land has historically been used for cattle grazing, which continues alongside the carbon project; the project structure allows pastoralists to generate dual income streams by balancing herd management with vegetation recovery.

A notable aspect of this project is its corporate history. It was originally registered by Wonga Ag Seven Pty Ltd, an entity linked to the investment group Wealthcheck, before the proponent name was varied to Moroak Pastoral Company Pty Ltd in January 2024. The aggregation itself, comprising Moroak and Goondooloo, has been the subject of high-value market listings, often touted for its dual potential in cattle production and carbon abatement.