2021 Offshore Petroleum Exploration Acreage Release: now open

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.

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.

source https://www.industry.gov.au/news/2021-offshore-petroleum-exploration-acreage-release-now-open