Bidding is now open for the 2021 Offshore Petroleum Exploration Acreage Release. Companies have the opportunity to bid on release areas until Thursday 3 March 2022.
There are 21 release areas available for offshore oil and gas exploration. They are offshore of Western Australia, Victoria, Tasmania and the Ashmore and Cartier Islands.
The acreage release comprises 21 areas across 6 basins offshore:
- Bonaparte
- Browse
- Carnarvon
- Otway
- Sorell
- Gippsland
All areas in this release are based on industry nominations and public consultation. They are all available for work-program bidding.
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