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2012 Petroleum Offshore Exploration Acreage Release

Exploring, Investing and Bidding

This section provides an introduction to the legislative framework and investment environment for companies interested in becoming involved in the Australian offshore petroleum exploration industry. It also provides an overview of relevant Commonwealth legislation, along with details of key initiatives and programs that may be of interest to potential investors.

Document Title Description File Type
Explore Australia This document provides an overview of Australia’s oil and gas endowment and associated investment attractiveness. [PDF, 122KB] [DOC, 1.2MB]
Petroleum Law and Government This document describes Australia’s framework and the role of government in petroleum exploration and development in Australia. [PDF 121KB] [DOC 1.2MB]
Foreign Investment This document describes the framework for foreign investment in Australia. [PDF 68KB] [DOC 1.2MB]
Taxation This document describes general income taxation arrangements and specific resources taxation for offshore oil and gas companies working in Australia. [PDF 93KB] [DOC 1.2MB]
Bidding and Assessment This document describes the process for bidding on acreage in the 2012 Offshore Petroleum Exploration Acreage Release.  It also includes information such as bid checklists and closing dates. [PDF 124KB] [DOC 1.18MB]
2012 Areas and Special Notices This document outlines the obligations of offshore petroleum explorers and the rights and interests of others that may apply to the 2012 Offshore Petroleum Exploration Acreage Release areas. [PDF 407KB] [DOC 1.4MB]