12 Aug 2016 / Australia
The Australian Government has launched the 2016 Offshore Petroleum Exploration Acreage Release making 28 new areas available for bidding in Commonwealth waters offshore from Western Australia and the Territory of Ashmore and Cartier Islands.
The 2016 acreage release comprises 28 areas located across five basins, Bonaparte, Browse, Offshore Canning Basin, Roebuck, and Northern Carnarvon Basin. The release areas are located in a range of water depths and vary in size and level of existing geological knowledge.
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