CO2009 Acreage Release

 

News release: 6 November 2009
Bids in for Cooper Basin acreage

Hon Paul Holloway has announced that 11 Australian and international petroleum explorers have lodged a total of 20 bids in response to the CO2009 Cooper Basin acreage release.

An announcement of the winning bidders is expected in December 2009.

Read the news release...
BIDS NOW CLOSED

WHAT'S NEW

The Petroleum and Geothermal Energy Act 2000 was proclaimed on 1 October 2009. This new legislation has enabled Petroleum Exploration Licences (PELs) resulting from the the CO2009 acreage release to have two renewal terms (under the previous legislation only one term was possible). PELs resulting from the CO2009 acreage release will include petroleum exploration rights but will not include geothermal and gas storage rights.    

 

To view what has been added to the Acreage Release Areas (updated Sept 09)

CO2009 Acreage highlighting additional areas since first release. (PDF)

The areas were finalised on 17 September 2009 and there will be no further changes.

 

2009 Cooper Basin Petroleum Exploration Acreage Release

Five new petroleum exploration licences (PEL) in the Cooper and Eromanga Basins are being offered by the South Australian Government in 2009 on the basis of work program bidding. 

Block
 Area km2 Exploration wells
 2D Seismic (km)
 3D Seismic ( km2)
CO2009-A
 2366
 4
 5153
 141
CO2009-B 1413
 0
 8881
 3125
CO2009-C 1406
 1
 10061
 601
CO2009-D 3028
 0
 1323
CO2009-E 2094
 5
 3667
 2717
 

The final areas can be viewed in the CO2009 Acreage Release map (.PDF - 100 KB) while press releases regarding the acreage release can be found on the Minister's media webpage.

Bidding closes at 4.00 pm on Thursday 15 October 2009, Australian Central Standard Time.

To download the Acreage Release Areas

Visit SARIG for the latest updated release areas and to download the Arcview shape files or MapInfo TAB files.

In SARIG go to Map Data and ensure you have chosen the 'Petroleum' layer. Select 'Petroleum Public Calls (Gazettal acreage)' from the 'Petroleum Exploration Tenements' layer.

Applications

Applications may be made for either or all of the five areas, CO2009-A, B, C, D and E. Licences are offered on the basis of the most competitive five-year work program. In the event that more than one area is offered to an applicant, there is no obligation for the applicant to accept any or all of the offers. It should be noted that there are no criteria limiting the number of exploration licences which may be offered to one applicant. 

The application fee is AUD $3,518.

View the CO2009 Acreage Release Brochure (12.1 MB PDF)

APPEA 2009 CO2009 poster

Bid Assessment

Bids will be assessed using the philosophies expressed in ‘Selecting the winning bid’. The specific scoring scheme is detailed in ‘CO2009 Bid Assessment Policy’.

A free acreage release CD has been produced to assist explorers evaluate the blocks. It contains:

  • Block CO2009 A-E acreage release information and application forms
  • GIS package for the Cooper Basin
  • Cooper Basin Fact Sheet
  • Petroleum Geology of South Australia (PGSA) Volume  2 - Eromanga Basin
  • Petroleum Geology of South Australia (PGSA) Volume  4 - Cooper Basin
  • Selected seismic and environmental publications

For more information on the CO2009 release please contact:

Petroleum and Geothermal Group
Division of Minerals and Energy Resources
Primary Industries and Resources South Australia
Level 6, 101 Grenfell Street
GPO Box 1671
ADELAIDE SA 5001
Phone   +61 8 8463 3204
Fax   +61 8 8463 3229
Email   pirsa.petroleum@saugov.sa.gov.au