Australia’s DMP announces new lease sale off Western Australia state

Australian bid round

Australia’s Department of Mines and Petroleum (DMP) announced a new lease sale off Western Australia state. Six licenses, four onshore and two offshore, are being placed on the auction block. The offshore areas are within the Northern Carnarvon Basin off the Pilbara coast.

The combined acreage for L13-1/ T13-1 covers about 370sq km south of Barrow Island in the Barrow sub-basin. Area L13-1 is a prospective oil lease, while T13-1’s sourthern portion has gas potential. Water depths are 10-50m. Block L12-1, covers about 878sq km within the Barrow sub-basin, less than 50km northeast of Onslow. Work program bids close 14 November 2013.

Oil

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