Call for tenders for authorities to prospect
The Queensland Government has called for expressions of interest to explore for petroleum and gas resources on highly prospective land in the Bowen Basin of central and south-west Queensland, Australia.
The two parcels of land were open for competitive tender for petroleum and gas exploration rights with a cash bid component covers approximately 350 km2 or 113 sub-blocks of land in the Rolleston and Injune areas of the Bowen Basin.
This is one of the largest land releases for areas with petroleum and gas deposits in Queensland and is expected to provide significant employment and economic opportunities for the region.
Areas released with a cash bid component are in established resource regions. Exploration and discovery activities on this area are well established – the Queensland Government is now looking for a company with the right expertise to successfully bring these resources to market.
This opportunity will grant the successful tender applicant a petroleum and gas Authority to Prospect (ATP) exploration permit for an initial term of six years.
The tender process
The Authority to Prospect (ATP) for two of Queensland’s most highly prospective blocks of land opened to tender on 3 October 2014. The competitive tender process includes a cash bid component.
Important: Addendum 2 has been issued for Tender area PLR2014-2-1 as it contains an error in the location of petroleum and gas exploration well known as CH4 CX006C. Please refer to the addendum for further information.
The closing time for PLR2014-2-1 has been extended to 2.30pm 26 February 2015.
The call for tender for PLR2014-2-2 has now closed.
More information about exploration opportunities and assistance available to develop resources in Queensland is available on our website or by contacting us via LMP_Submissions@dnrm.qld.gov.au or calling +61 73199 8239.
The two blocks open for competitive tender are:
- Area 1 (PLR2014-2-1)
- Size: Approximately 78 km2 (25 sub blocks) in area.
- Location: 55 km south of Rolleston - Bowen Basin.
- Size: Approximately 272 km2 (88 sub-blocks) in area.
- Location: 40 km north of Injune - Bowen Basin.
Area 2 (PLR 2014-2-2)
Queensland’s Bowen Basin is widely recognised as an established resource region with extensive coal seam gas resources. Both of the areas outlined in this tender (PLR2014-2-1) and (PLR 2014-2-2) are located in Queensland’s Bowen Basin and are considered potentially highly prospective for coal seam gas, with the Bandanna Formation being the primary target. Secondary targets include the Alderbaran Sandstone, Cattle Creek Formation and Reids Dome beds, which may exist in some areas.
Exploration and appraisal work will be required to confirm the size of the gas-in-place resource for each area and to assess its suitability for commercial production. Aerial magnetic and surface gravity geophysical survey data show no indications of intrusive bodies that may adversely impact on resources and there are no significant shallow anomalies in either of the release areas.
Comprehensive geological data can be found in the Call for Tenders Document.
Last updated 29 January 2015