Resources and Energy Minister Gary Gray has announced the grant of 13 new offshore petroleum exploration permits as part of round one of the 2012 Offshore Petroleum Exploration Acreage Release.
The award of these permits will see an estimated $180 million in new investment in waters offshore Western Australia and Tasmania over the next three years. With the proposed secondary work programs, further expenditure could rise to more than $550 million.
“The high demand for Australia’s offshore petroleum acreage is pleasing, with 23 bids received for 15 new release areas from a mix of international and Australian companies,” Mr Gray said.
A full list of the exploration permits awarded is available at www.petroleum-acreage.gov.au.
In addition, further information on specific permits can be found on the following website: www.neats.nopta.gov.au/
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