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Australia names tracts available in 2011 acreage release

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Offshore staff

CANBERRA, Australia – The Australian government has published information on its 2011 Offshore Petroleum Exploration Acreage Release, and 29 areas across nine basins are represented.

The first round, with 16 areas includes AC11-1, AC11-2, W11-1, W11-10 to W11-15, V11-1 to V11-6, and T11-1. Bidding closes Thursday, Oct. 13, 2011.

The second round covers NT11-1 and NT11-2, W11-2 to W11-9, and W11-16 to W11-18. Bidding on these closes Thursday, April 12, 2012.

The packages available from the government include geological information and fact sheets about the process. More information from the Department of Resources, Energy and Tourism can be found online at http://www.ret.gov.au/Documents/par2011/index.html

07/14/2011

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