Acreage release

Obtain an exploration permit—Acreage release

A petroleum exploration permit authorises the holder to explore for petroleum in the permit area.The Joint Authority for an offshore area may invite applications for the grant of a work or cash bid petroleum exploration permit over areas released as part of the annual Offshore Petroleum Exploration Acreage Release. All areas are clearly identified as either work program or cash bid.

Useful links

• Offshore Petroleum and Greenhouse Gas Storage Act 2006
• www.petroleum-acreage.gov.au
• Offshore petroleum exploration guideline: Work-bid
• Cash bid exploration permit guideline
• Factsheet—Annual title assessment report
• Factsheet—Nomination and notification forms 2-7
• Fees and levies