EXPLORATION

Desired block has untested potential

THE 2016 initial acreage release round was one of the worst received in recent memory, with a single permit garnering just one bid, but which could be one of the hottest plays in Australian waters.

 WA16-8.

WA16-8.

While that bid is being assessed by the National Offshore Petroleum Titles Administration, 12 other blocks across the Ashmore-Cartier Territory, Petrel Sub-basin, Caswell Sub-basin Exmouth Plateau were...

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