The Australian Government has announced 10 release areas for the 2022 Offshore Petroleum Exploration Acreage Release. Companies can bid on release areas until Thursday 2 March 2023.
Areas are located across 4 basins offshore of the Northern Territory, Western Australia, the Territory of the Ashmore and Cartier Islands, and Victoria. The basins are the:
- Bonaparte Basin
- Browse Basin
- Northern Carnarvon Basin
- Gippsland Basin.
Industry nominated the release areas. We consulted with the public, governments and stakeholders to determine which nominated areas to release.
See .
Geoscience Australia partnered with us to provide geological information for this release.
Acreage release webinar
Learn more about the release areas in the . Email us if you need a transcript of this webinar.
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