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New exploration opportunities in offshore Victoria

18 May 2015

Joint media release with the Victorian Minister for Energy and Resources, the Hon Lily D'Ambrosio MP

The Commonwealth-Victoria Offshore Petroleum Joint Authority has announced the release of three areas for offshore petroleum exploration in Commonwealth waters in the Gippsland and Otway basins in offshore Victoria.

Addressing the opening session at the annual Australian Petroleum Production and Exploration Association (APPEA) conference in Melbourne, Minister for Industry and Science Ian Macfarlane said “the Victorian and Australian Governments are working together to offer explorers a mix of exploration opportunities.

“This year we have exciting frontier opportunities in the Otway and Gippsland Basins which are close to infrastructure and are well connected to Australia’s east coast capital cities.”

Victorian Minister for Energy and Resources Lily D’Ambrosio said the release would provide a timely boost for exploration off Victoria.

“The Gippsland Basin has a proud history and is world renowned for its production record. The Otway has also proven to be a gas rich basin,” Ms D’Ambrosio said.

Further information on titles under the Offshore Petroleum Greenhouse Gas Storage Act 2006 can be found at https://neats.nopta.gov.au/ and on acreage release at http://www.petroleum-acreage.gov.au/.

Media contacts: Mr Macfarlane's office 02 6277 7070