Abstract
Onshore Australian acreage releases and investment opportunities occurring in 2012 in Australia’s states and the Northern Territory are summarised. Diverse exploration opportunities exist for petroleum explorers in onshore basins, including potential for unconventional targets such as shale gas. The states and Northern Territory believe there are high prospects for significant new conventional and unconventional developments onshore. Australian state and territory governments continue initiatives to encourage exploration to realise their natural resource endowments. This includes pre-competitive basin studies, cost-effective and speedy provision of digital exploration data, transparent regulatory regimes, provision of effective land access regimes, internationally competitive royalty regimes, and promotion of acreage releases nationally and internationally.
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