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Offshore Petroleum and Greenhouse Gas Storage Act 2006
96Simplified outline
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#### 96 Simplified outline
The following is a simplified outline of this Part:
• It is an offence to explore for petroleum in an offshore area except:
(a) under a petroleum exploration permit; or
(b) as otherwise authorised or required by or under this Act.
• This Part provides for the grant of petroleum exploration permits over blocks in an offshore area.
• A petroleum exploration permit authorises the permittee to explore for petroleum in the permit area.
• There are 4 types of petroleum exploration permits:
(a) a petroleum exploration permit granted on the basis of work program bidding (a work‑bid petroleum exploration permit);
(b) a petroleum exploration permit granted on the basis of cash bidding (a cash‑bid petroleum exploration permit);
(c) a petroleum exploration permit granted over a surrendered block or certain other blocks (a special petroleum exploration permit);
(d) a petroleum exploration permit granted as a result of a change in the boundary of the coastal waters of a State or Territory (a boundary‑change petroleum exploration permit).
• If a petroleum pool is identified in a petroleum exploration permit area, the Joint Authority may declare a location over the blocks to which the petroleum pool extends.