Government representatives will be available at Stand A in the International Pavillion to provide advice on onshore and offshore oil and gas activities in Western Australia.
Western Australia's sedimentary basins, including the continental shelf, cover an area of approximately 2.5 million square kilometres. The State has seven major and several minor basins which are prospective for petroleum. While this sector remains in the early concept-of proof phase, recent advancements in drilling technologies have made the production of onshore shale and tight gas reserves more economically viable.
Onshore acreage Release 1 of 2016 comprises 14 onshore areas within the Officer and Canning Basins ranging in size from 1,770 square kilometres to more than 8,000 square kilometres. Bids for the acreage release close 4.00pm Australian Western Standard Time on Thursday 9 March 2017.
For further information on the latest onshore acreage release please visit www.dmp.wa.gov.au.