Publication Name: PESA News
Authors: Thomas Bernecker and Jennifer Totterdell, Geoscience Australia
Publication Issue: 118
Date Published: June 2012
Number of Pages: 5
Abstract:
2012 Acreage Release areas include Australia's southern margin
The Australian Government formally released new offshore petroleum exploration areas at the annual APPEA conference on 14 May 2012. The Federal Minister for Resources and Energy, Martin Ferguson, released 27 areas in nine offshore basins for work program bidding. Closing dates for bid submissions are either six or 12 months after the release date, that is, 8 November 2012 and 9 May 2013 respectively, depending on the exploration status of these areas and on data availability.