Next offshore acreage release opens this month

AUSTRALIAN oilers will have the chance to bid on a swathe of new acreage from the end of this month, as the Department of Industry, Innovation and Science opens up the next annual offshore petroleum exploration release.

Next offshore acreage release opens this month Next offshore acreage release opens this month Next offshore acreage release opens this month Next offshore acreage release opens this month Next offshore acreage release opens this month

Each year, the Federal government invites companies to bid for the opportunity to invest in oil and gas exploration in Commonwealth waters, but this auction is the first release under a new