VICIn ForceAct
Offshore Petroleum and Greenhouse Gas Storage Act 2010
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Offshore Petroleum and Greenhouse Gas Storage Act 2010
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86 Application for work‑bid petroleum exploration permit—advertising of blocks
(a) invite applications for the grant by the Minister of a petroleum exploration permit over the block, or any or all of the blocks, specified in the notice; and
(2) If the Minister has published a notice under section 93(1) inviting applications for the grant of a petroleum exploration permit over a block, the block must not be specified in a notice under subsection (1) of this section at any time during the period specified in the section 93(1) notice.
Section 93(1) deals with cash‑bid petroleum exploration permits.
(3) An application under this section must be accompanied by details of—
(a) the applicant's proposals for work and expenditure in relation to the block or blocks specified in the application; and
(b) the technical qualifications of the applicant and of the applicant's employees; and
(c) the technical advice available to the applicant; and
(d) the financial resources available to the applicant.
(4) The number of blocks specified in an application under this section must not be more than 400.
(5) If 16 or more blocks are available, the number of blocks specified in an application under this section must not be less than 16.
(6) If less than 16 blocks are available, the number of blocks specified in an application under this section must be the number available.
(7) Subsections (5) and (6) do not apply to applications if the Minister, for reasons that the Minister thinks sufficient, includes in the subsection (1) notice a direction that subsections (5) and (6) do not apply to those applications.
(8) The blocks specified in an application under this section must be blocks that are constituted by graticular sections that—
(b) are such that each graticular section in that area has a side in common with at least one other graticular section in that area.
(9) Subsection (8) does not apply to applications if the Minister, for reasons that the Minister thinks sufficient, includes in the subsection (1) notice a direction that subsection (8) does not apply to those applications.