EXPLORATION

2019 Commonwealth acreage release fails to attract bidders

THE MOST recent federal offshore oil and gas acreage auction has failed to attract the attention of industry, with less than a third of permits on offer receiving bids from explorers.

2019 Commonwealth acreage release fails to attract bidders

  The federal government launched the auction in July last year, putting 64 areas across five sedimentary basins offshore up for bidding. Of the 64 permits on offer, only 21 areas attracted any attention...

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

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