The Global Resource For Connecting Buyers and Sellers

More land released for oil and gas exploration

The Australian government has announced that 21 new areas in Commonwealth waters would be made available for oil and gas exploration through the 2017 Offshore Petroleum Exploration Acreage Release.

The areas sit across eight basins in Commonwealth waters off the Northern Territory, Tasmania, Victoria and Western Australia coasts, and in the Territory of Ashmore and Cartier Islands.