Document ID: chunk:federal_register_of_legislation:C2024C00828:section:96
Version: federal_register_of_legislation:C2024C00828
Segment Type: section
Provision Reference: s 96
Character Range: 246961–248334

96  Simplified outline
  The following is a simplified outline of this Part:

         • It is an offence to explore for petroleum in an offshore area except:

                (a) under a petroleum exploration permit; or
                (b) as otherwise authorised or required by or under this Act.

         • This Part provides for the grant of petroleum exploration permits over blocks in an offshore area.
         • A petroleum exploration permit authorises the permittee to explore for petroleum in the permit area.
         • There are 4 types of petroleum exploration permits:
             (a) a petroleum exploration permit granted on the basis of work program bidding (a work‑bid petroleum exploration permit);
             (b) a petroleum exploration permit granted on the basis of cash bidding (a cash‑bid petroleum exploration permit);
             (c) a petroleum exploration permit granted over a surrendered block or certain other blocks (a special petroleum exploration permit);
             (d) a petroleum exploration permit granted as a result of a change in the boundary of the coastal waters of a State or Territory (a boundary‑change petroleum exploration permit).
         • If a petroleum pool is identified in a petroleum exploration permit area, the Joint Authority may declare a location over the blocks to which the petroleum pool extends.