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| Nine exploration permits awarded off Australia | |
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Offshore staff AUSTRALIAN CAPITAL TERRITORY -- Australia's Minister for Resources and Energy Martin Ferguson has announced the award of nine offshore exploration permits representing a $425 million investment. Five permits were awarded off Northern Territory in the Bonaparte basin. Permit NT-P76, which is eligible for the Designated Frontier Area tax incentive, was awarded to SIPC Australia Pty Ltd., while Apache Northwest Pty Ltd. and Total E&P Australia were awarded permits AC/P42 and AC/P43 in equal partnership. Finder Exploration Pty Ltd. was awarded AC/P44 and AC/P45. Three permits were in the Browse basin. Total E&P Australia won permit WA-408-P. A consortium including Santos Offshore Pty Ltd., Chevron Australia (W07-5) Pty Ltd., and Inpex Browse Ltd. was awarded WA-410-P, while Santos, Inpex, and Beach Petroleum Ltd. won permit WA-411-P. Permit WA-409-P in the Carnarvon basin went to Cue Exploration Pty Ltd. and Gascorp Australia Pty Ltd. Page 1 of 2 |
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