87Grant of work‑bid petroleum exploration permit—offer document

87 Grant of work‑bid petroleum exploration permit—offer document

(1) This section applies if an application for the grant of a petroleum exploration permit has been made under section 86.

(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 exploration permit over the block or blocks specified in the offer document; or

(b) by written notice given to the applicant, refuse to grant a petroleum exploration permit to the applicant.

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).