What question did this study set out to answer?

The aim is to examine the current state and future potential of oil and gas exploration in Australia.

June 20, 2026

Australian Energy Producers Panel Series – Australian Oil and Gas Exploration | A Road to Recovery

Key Points

The aim is to examine the current state and future potential of oil and gas exploration in Australia.
Facilitated panel discussion led by key industry leaders
Focus on recent federal and state acreage releases
Analysis of offshore campaign activities in Bass Strait
Indications of increased activity in oil and gas exploration predicted for 2025
Major offshore campaigns expected to resume in Bass Strait
Panel participants optimistic about future opportunities in the sector

Abstract

Oil and gas exploration is the foundation of a reliable and secure energy system – yet activity in Australia remains well below historic levels. There are encouraging signs that momentum is shifting. New federal and state acreage releases in 2025, alongside one of the largest offshore campaigns in Bass Strait in recent years, point to renewed activity. Todd Abbott – Chief Executive Officer, Tamboran Resources Trevor Brown – Chief Executive Officer and Managing Director, Omega Oil and Gas Senator Susan McDonald – Shadow Minister for Resources and Northern Australia Jane Norman – Managing Director and Chief Executive Officer, Amplitude Energy Facilitated by Samantha McCulloch – Chief Executive, Australian Energy Producers

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