Capel and Faust potential set to beckon brave explorers

OFFSHORE frontiers don't come much wilder than the Capel and Faust basins, in deep water about 800 kilometres east of Brisbane.

Capel and Faust potential set to beckon brave explorers
Capel and Faust potential set to beckon brave explorers
Capel and Faust potential set to beckon brave explorers
Capel and Faust potential set to beckon brave explorers
Capel and Faust potential set to beckon brave explorers

But brave explorers may soon get their chance to sink the first exploration in the area - midway between Australia and New Caledonia - with the likely imminent release of acreage by the Commonwealth.

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