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The annual offshore petroleum exploration acreage release is part of the government’s strategy to promote offshore oil and gas exploration. Each year, the government invites companies to bid for the opportunity to invest in oil and gas exploration in Australian waters.
The 2019 acreage release bidding round opens in July 2019.
Subscribe to the Australian Petroleum News for exploration acreage investment opportunities.
Australia is a low risk environment to invest and do business, our competitive position is based on:
Australia offers oil and gas explorers:
Last updated: 21 February 2019
Content ID: 46909