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High stakes in the Timor Sea

Journal Article:

Abstract

A triangular block in the Western Australian sector of the Timor Sea, W94-10, is considered to be in the centre of the most prospective petroleum ground in the region. It is one of 10 adjoining blocks released under exploration permits to hydrocarbon exploration companies. Bids of up to $100 million for the permit on W94-10 have been made by large oil companies. The block is just inside the border of the Australian petroleum resource rent tax regime and not in ZOCA in the Timor Gap, which has debilitating fees, deductions and taxes through production sharing contracts. The results of the bidding will be known in a few weeks. fig.
Authors:
Publication Date:
Jun 01, 1995
Product Type:
Journal Article
Reference Number:
SCA: 020200; PA: AU-95:0E0035; EDB-95:127982; SN: 95001456164
Resource Relation:
Journal Name: Paydirt; Journal Volume: 1; Journal Issue: 7; Other Information: PBD: Jun 1995
Subject:
02 PETROLEUM; TIMOR SEA; OIL FIELDS; PETROLEUM DEPOSITS; EXPLORATION; PERMITS
OSTI ID:
100409
Country of Origin:
Australia
Language:
English
Other Identifying Numbers:
Journal ID: XZ4256; TRN: AU95E0035
Submitting Site:
AU
Size:
pp. 5-6
Announcement Date:
Oct 04, 1995

Journal Article:

Citation Formats

Coetsee, Tony. High stakes in the Timor Sea. Australia: N. p., 1995. Web.
Coetsee, Tony. High stakes in the Timor Sea. Australia.
Coetsee, Tony. 1995. "High stakes in the Timor Sea." Australia.
@misc{etde_100409,
title = {High stakes in the Timor Sea}
author = {Coetsee, Tony}
abstractNote = {A triangular block in the Western Australian sector of the Timor Sea, W94-10, is considered to be in the centre of the most prospective petroleum ground in the region. It is one of 10 adjoining blocks released under exploration permits to hydrocarbon exploration companies. Bids of up to $100 million for the permit on W94-10 have been made by large oil companies. The block is just inside the border of the Australian petroleum resource rent tax regime and not in ZOCA in the Timor Gap, which has debilitating fees, deductions and taxes through production sharing contracts. The results of the bidding will be known in a few weeks. fig.}
journal = {Paydirt}
issue = {7}
volume = {1}
journal type = {AC}
place = {Australia}
year = {1995}
month = {Jun}
}