Canavan grants seven new exploration permits

FEDERAL resources minister Matt Canavan has awarded seven new offshore permits for oil and gas exploration off the Western Australian and Victorian coasts, as well as the territory of Ashmore and Cartier Islands.

Canavan grants seven new exploration permits Canavan grants seven new exploration permits Canavan grants seven new exploration permits Canavan grants seven new exploration permits Canavan grants seven new exploration permits
 
The two-round acreage release is part of the federal government's 2017 Offshore Petroleum Exploration Acreage Release program and is estimated to increase exploration investment in offshore