Call for Tenders for Authority to Prospect
Tender ID: 227267
Tender Details
Tender Description
Queensland is one of the world’s leading destinations for mining and resources investment and new petroleum and gas exploration opportunities are available in the state’s Surat, Cooper and Eromanga basins.
The Surat, Cooper and Eromanga basins are key petroleum and gas producing regions and have significant deposits, serviced by established processing facilities and major transmission pipelines.
The State has approved the release of one (1) area totalling approximately six (6) square kilometres in the Surat Basin, located approximately 22 kilometres south-east of Condamine, Queensland, for petroleum and gas exploration. An Authority to Prospect (ATP) in this area will be for an initial six (6) year term if granted via a competitive tendering process with a cash component. The call for tenders (PLR2015-1) was published in the Queensland Government Gazette on 15 May 2015
Successful tenderers that meet environmental, land access and native title requirements would be granted an Authority to Prospect (ATP) for petroleum and gas exploration with an initial term of six years.
Due to the nature of the land, the size of the release areas, existing infrastructure in place and accessibility to existing ports and transport options in the surrounding areas, the Queensland Government anticipates strong national and international interest in these tenders.