Jul 21, 2016

Exploration plan aims to deliver results

Exploration plan aims to deliver results

Queensland’s first exploration forward plan aims to deliver certainty and opportunity to the resources sector and local communities in the state’s north-west, central and south-western regions.

Minister for State Development and Natural Resources and Mines Minister Dr Anthony Lynham has released the annual program schedule, setting out the 826sq km of land to be made available for minerals, coal, and petroleum and gas exploration over the next 12 months.

The seven areas range from Cloncurry in the north-west, though the Bowen Basin in Central Queensland, to near Surat in the south-west.

“The Palaszczuk Government recognises that exploration is vital to discovering the resources that will drive the resources industry and help to deliver job creation, regional development and economic growth for Queensland,” Dr Lynham said.

The areas to be released are:

  • 102 sq km for minerals exploration in Queensland’s North West Minerals Province, to be released by September 2016  
  • 451 sq km for petroleum and gas exploration near Surat and Injune between October and December 2016 
  • 273 sq km for coal exploration between Middlemount and Blackwater in the Bowen Basin between April and June 2017. 

The seven areas will be released for competitive tenders, and the successful tenderers will have to meet environmental and other requirements, including negotiating land access and compensation agreements with landholders and, where applicable, negotiate native title arrangements with traditional owners.

The release comes on top of the exploration concessions announced earlier this year, which allow explorers a reduction of up to 50 per cent over 2016 and 2017 on the expenditure they have to commit under their exploration permit.

For more information about the annual exploration program and exploration tendering visit dnrm.qld.gov.au/resources-tenders