Cooper basin third licensing round launched

Click here to enlarge imageSouth Australia has opened 13,000 sq km for bids in the third round of exploration licensing in the prolific Cooper basin, including some of the most prospective blocks offered so far, officials said.In its effort to boost oil and gas exploration in that basin, the state government is offering eight blocks ranging in size from 950 to 3,300 sq km, with some abutting producing oil and gas fields in the core of the basin.The government has a staggered timetable for the close of applications. Bids on five of the blocks flanking the Cooper basin are due by June 29, while bids for the three blocks surrounding existing fields are due Sept. 28."The three inner blocks ...

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