175Grant of cash‑bid petroleum production licence—only one application

175 Grant of cash‑bid petroleum production licence—only one application

(a) the Minister publishes a notice under section 173(1) inviting applications for the grant of a petroleum production licence over a block; and

(b) at the end of the period specified in the notice, only one application has been made under section 173 in relation to the block.

(a) give the applicant a written notice (called an offer document) telling the applicant that the Minister is prepared to grant the applicant a petroleum production licence over that block; or

1 Section 255 sets out additional requirements for offer documents (for example, a requirement that an offer document must contain a summary of conditions).

2 If the applicant breaches a requirement under section 254 to provide further information, the Minister may refuse to give the applicant an offer document—see section 254(3).