Author: Adam CraigA*
A RISC Advisory Pty Ltd, Perth, Western Australia
* Correspondence to. Email: adam.craig@riscadvisory.com
Abstract
Petroleum exploration expenditure in 2023 increased modestly over that of 2022. But remains well below expenditure highs of a decade ago, which was dominated by offshore activity. Exploration expenditure, and activity, is now dominant in onshore state jurisdictions. This has been the case since 2019 and will continue with no Federal offshore...