Australian offshore acreage now up for grabs

THE Department of Industry, Innovation and Science has launched the 2019 Offshore Petroleum Acreage Release, inviting explorers and producers the opportunity to bid on release areas until March 5, 2020.

Australian offshore acreage now up for grabs Australian offshore acreage now up for grabs Australian offshore acreage now up for grabs Australian offshore acreage now up for grabs Australian offshore acreage now up for grabs

 

The release comprises of 64 areas across five sedimentary basins in Commonwealth waters offshore the Northern Territory, Western Australia, Victoria and the Territory of Ashmore and Cartier