Western Australia Puts 21 Permits on Offer
State Development Minister Clive Brown called for expressions of interest in 21 exploration permits located in onshore and offshore Western Australia.
The call coincides with an Australia-wide areas release by Federal Minister for Industry Tourism and Resources Ian Macfarlane at the annual conference of the Australian Petroleum Production and Exploration Association (APPEA), in Melbourne.
Mr. Brown said 15 areas contained in the Federal release were located in the Commonwealth-Western Australia adjacent area.
"WA is a highly prospective petroleum province and this is reflected in the fact that 15 out of the 41 Federal releases were allocated to the State," he said.
The six WA release areas are located in coastal waters or onshore within the Bonaparte, Carnarvon and Perth Basins.
Bids for nine of the Commonwealth-Western Australia adjacent areas close on September 25, with the remaining six closing on March 25, 2004.
WA coastal waters and onshore release areas close on September 18.
All areas are subject to the work program bidding system and the successful applicants will be offered exploration permits for initial terms of six years.