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Invitation: 2017 Australian Offshore Petroleum Exploration Investment Opportunities
The Australian Government’s annual Offshore Petroleum Exploration Acreage Release offers the
global petroleum industry with a variety of investment opportunities.
Hosted by JOGMEC, the Australian Government will present the 2017 offshore petroleum
exploration investment opportunities to industry at the JOGMEC Office on Wednesday 14 June
2017.
The 2017 acreage release comprises 21 areas located across eight sedimentary basins in
Commonwealth waters offshore of Northern Australia, Western Australia, Tasmania, Victoria and
the Ashmore and Cartier Islands, 20 areas are available for work program bidding and one area for
cash bidding. The areas are located in water depths of 25 to 4,200 metres and vary in size from 161
to 2,465 km² and also vary in level of existing geological knowledge. All areas are supported by
pre-competitive geological and geophysical data and analysis undertaken by Geoscience Australia.
The acreage release provides the petroleum industry with access to comprehensive pre-competitive
geological and geophysical datasets and ensures the provision of quality information on third party
issues that may impact on successful applicants when conducting exploration work programs.
Seminar: 2017 Australian Offshore Petroleum Exploration Investment Opportunities
Venue:
JOGMEC Head Office, Toranomon Twin Building B1F Conference Room
Wednesday 14th June 2017, 2.30 pm – 4.30 pm
Date:
Agenda:
1. Welcome remarks by JOGMEC (speaker TBC, 5 minutes)
2. Australian Petroleum Industry Update
(a) Australian LNG project update - Ms Lisa Schofield, General Manager, Offshore
Resources Branch, Resources Division, Department of Industry, Innovation and Science
(5 minutes)
3. Key Investment Considerations in Australia (15 minutes)
(a) Overview of Australian Offshore Petroleum Regulatory Framework
(b) New Key Policy Initiatives
4. 2017 Offshore Petroleum Exploration Investment opportunities (25 minutes)
(a) Geological description of newly released areas – Dr Thomas Bernecker, Senior
Geoscientist, Manager Acreage Release and Petroleum Promotion, Geoscience Australia
5. Geoscience Australia’s Forward Work Program – Mr Chris Nicholson, Senior Geoscientist,
Manager North West Margin Energy Studies, Geoscience Australia (10 minutes)
6. Speech by Trade & Investment Queensland Japan Office (10 minutes)
7. Speech by Government of Western Australia Tokyo Office (10 minutes)
8. Q&A opportunity for companies (30 mins)
9. Close by Ms Lisa Schofield and JOGMEC
Presenter:
(1)
Ms Lisa Schofield, General Manager, Offshore Resources Branch, Resources Division,
Department of Industry, Innovation and Science
(2)
Dr Thomas Bernecker, Senior Geoscientist, Manager Acreage Release and Petroleum
Promotion, Geoscience Australia
(3)
Mr Chris Nicholson, Senior Geoscientist, Manager North West Margin Energy Studies,
Geoscience Australia
(4)
Ms Melissa Inooka, Business Development Manager, Trade & Investment Queensland
Japan Office
(5)
Mr Craig Peacock, Commissioner, Government of Western Australia Tokyo Office