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WA invites input into 2023 future petroleum acreage release

Western Australia petroleum exploration nominations opened.

Western Australia’s Mines and Petroleum Minister Bill Johnston has opened the floor to industry personnel to help guide 2023’s petroleum exploration release.

The industry has been encouraged by the McGowan government, which is promoting the state’s petroleum exploration.

Personnel can nominate areas to be considered for the 2023 acreage release. Nomination is not guaranteed, but unsuccessful areas will still be considered for potential future release.

“The petroleum sector remains a major contributor to Western Australia’s economic success, achieving record production of oil and gas valued at $52 billion in 2021-22,” said Johnston.

“The McGowan Government will continue to support opportunities to invest in the petroleum exploration sector to help find the next big discovery.”

Nominations are made to the Department of Mines, Industry Regulation and Safety (DMIRS), which will asses them.

Factors taken into account include the level of industry interest in the area, Native Title considerations, and previous interest in the area, among others.

Nominations will close on 31 March 2023.

For more information on how to submit a nomination visit the DMIRS.

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