The Australian government announced on June 15 that bidding is now open for the 2021 Offshore Petroleum Exploration Acreage Release. Companies have the opportunity to bid on release areas until Thursday 3 March 2022. (Photo quoted from the government’s website)

The acreage release comprises 21 areas across 6 basins offshore:

Bonaparte

Browse

Carnarvon

Otway

Sorell

Gippsland.

All areas in this release are based on industry nominations and public consultation. They are all available for work-program bidding.

The annual acreage release is crucial to the Australian Government's gas-fired recovery plan. Continued exploration ensures we can provide reliable and affordable energy for the future.

See release area information and bidding instructions for the 2021 acreage release. 

(IRuniverse)