NOPTA News Issue 04—September 2012

Acreage release

The first bidding round of the 2012 Offshore Petroleum Acreage Release closes on Thursday 8 November 2012. There are 15 release areas located across the offshore areas of Western Australia, Northern Territory, South Australia, Victoria, and Tasmania.

In addition to the areas from the first bidding round of the 2012 Acreage Release, there are 10 re-release areas from the 2011 Acreage Release for which bids also close on Thursday 8 November 2012. The re-release areas are located across the offshore areas of Western Australia, Northern Territory, Territory of Ashmore and Cartier Islands, and Victoria.

Bids for both acreage release rounds must be lodged at the Perth or Melbourne office by 4pm local time.

To access the information package, including full bid submission details, please refer to the Acreage Release website.