The Minister stated: 'I am aware of industry interest in this area and I am also conscious that the exploration sector needs clear, early signals as to future exploration rounds. I intend to offer some 60 to 70 blocks for licensing in the north eastern part of the basin.'
Minister Browne stated that over the coming months his staff will:
The Minister concluded "I will be making further announcements over the next few months in relation to this round. Future announcements will include hard details of blocks to be licensed and the terms of licences that will be offered.'
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