94Grant of cash‑bid petroleum exploration permit—only one application

94 Grant of cash‑bid petroleum exploration permit—only one application

(a) the Minister publishes a notice under section 93(1) inviting applications for the grant of a petroleum exploration permit over a block or blocks; and

(b) at the end of the period specified in the notice, only one application has been made under section 93 in relation to the block or blocks.

(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 that block or those blocks; 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).