Liberty lands a pair of offshore blocks in Australia’s Gippsland basin
Published by Jack Roscoe,
Editorial Assistant
Oilfield Technology,
Liberty Petroleum has been awarded two offshore exploration blocks in Australia’s Gippsland basin.
Blocks Vic/P77 and Vic/P78 were awarded to Liberty on a 100% basis on 15 April 2021 by Australia’s National Offshore Petroleum Titles Authority. They were released as Areas V19-6 and V19-7 in Australia’s 2019 offshore licensing round.
In Block Vic/P77, Liberty has proposed a A$92.1 million work programme over six years including one exploration well by 14 April 2025. In Block Vic/P78, Liberty has proposed a A$96.9 million work programme over six years including one exploration well by 14 April 2025.
Liberty is understood to have interests in non-operated Gippsland basin blocks Vic/L29, Vic/P54 and Vic/P70. These are the ninth and tenth blocks to be awarded from the 2019 round. A total of 30 bids were received for 21 blocks in the 2019 offer.
Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/11032024/liberty-lands-a-pair-of-offshore-blocks-in-australias-gippsland-basin/
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