BIDS SOUGHT FOR TRACTS OFF AUSTRALIA

Australia is accepting applications for petroleum exploration permits on parts of its continental shelf. Eleven areas are up for bids: two off Northern Territory, one within the territory of Ashmore and Cartier Islands, three off western Australia, three off South Australia, and two off Tasmania. Companies wishing to participate in the bidding are required to submit permit applications and supporting data in duplicate along with $3,000 (Australian) by 4 p.m. May 6, 1994, to the proper state or

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