Acreage Release and Promotion

Project description

Provide scientific and technical support to DITR for the release of the 2007 Offshore Petroleum Exploration Areas; undertake effective assessment of the petroleum potential of offshore Australian basins; and to promote the petroleum prospectivity of Australia.

Project outcome

Broad awareness and acceptance of the technical opportunities of the acreage offered by the Australian government for petroleum exploration investment; and effective assessment of the petroleum potential of offshore Australian basins to assist with the identification potential new petroleum provinces; and to contribute to future marine planning.

Project outputs

• A technical report for the 2007 Acreage Release to the Australian and international petroleum industry
• Provide ongoing advice to the Australian Government and pre-competitive information to industry on the petroleum potential and prospectivity of offshore Australian basins.
• Promotion of Australia as an attractive exploration destination at national and international petroleum conferences.