Offshore Petroleum Exploration Acreage Release

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May 23, 2017

Offshore Petroleum Exploration Acreage Release

Last week the Federal Government made available 21 new Commonwealth areas under the 2017 Offshore Petroleum Exploration Acreage Release. The release is intended to shore up gas supply for Australia. The released sites sit off the coast of Western Australia, Northern Territory, Victoria and Tasmania and vary in size from 161 to 2,465 km². More information and maps regarding the location of the release sites can be found here.

 

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