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2016 WESTERN AUSTRALIAN STATE ACREAGE RELEASE

2016 WESTERN AUSTRALIAN STATE ACREAGE RELEASE. EAGE 30 May - 2 June 2016, Vienna Author: Richard Bruce Petroleum Division Department of Mines and Petroleum. Outline. Acquire WA acreage Apply online only 2016 work program bid round Onshore Canning Basin Onshore Officer Basin

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2016 WESTERN AUSTRALIAN STATE ACREAGE RELEASE

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  1. 2016 WESTERN AUSTRALIAN STATE ACREAGE RELEASE EAGE 30 May - 2 June 2016, Vienna Author: Richard Bruce Petroleum Division Department of Mines and Petroleum

  2. Outline • Acquire WA acreage • Apply online only • 2016 work program bid round • Onshore Canning Basin • Onshore Officer Basin • Assessment guidelines updated • Further information

  3. to acquire Acreage Work program bidding for release areas • Release 1 of 2016 Other methods • Farmin to existing titles • a number of companies could benefit by cash injections and new ideas to accelerate their work programs, in exchange for some equity • www.dmp.wa.gov.au/petop for maps/companies. • “Over the counter” – Special Prospecting Authority with an Acreage Option. Search on DMP website. • Company takeover – may be subject to Foreign Investment Review Board review

  4. Many farmin opportunities – a big State

  5. PETROLEUM ROUND 1 OF 2016 Release 13 September 2016, bids close 9 March 2017 APPLY ONLINE only www.dmp.wa.gov.au/acreage_release • 14 areas • 6 Canning Basin • Lennard Shelf • L16-1 & L16-2 • 4240 km2 & 4392 km2 • Platforms • L14-3 to L14-6 • 1770 km2 to 2407 km2 • 8 SE Officer Basin • L16-3 to L16-10 • 5054 km2 to 8129 km2

  6. Canning Basin infrastructure

  7. Canning Basin Lennard Shelf L16-1, L16-2

  8. Cross section Fitzroy Trough to Lennard Shelf

  9. Chestnut 1 mudlog

  10. Canning Basin platform areas L14-3, 4, 5 & 6

  11. Ordovician source maturity & petroleum migration

  12. Officer Basin infrastructure

  13. Basement depth from gravity data L16-3 to L16-10

  14. Further information For details such as • Release area and basin prospectivity reports • Petroleum data availability • Titles regime, updated bid assessment guidelines • Land access, native title and environment • Fiscal aspects • Other information Visit • www.dmp.wa.gov.au/acreage_release Contact • petroleum.acreage@dmp.wa.gov.au

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