Appropriate person statement of reasons

Statement of reasons why an applicant, and any associated entity, is or is not an appropriate person to hold a petroleum licence or permit under the Petroleum Act 1984.

An applicant, and any associated entity, must demonstrate that it is an appropriate person before:

  • the grant or renewal of a licence or permit
  • the transfer of a licence or permit (if it is not already a holder)
  • acquiring 100% of shares in a body corporate that is the holder of a licence or permit.

The criteria is set out under 15A of the Petroleum Act 1984.

A statement of reasons explaining why an applicant, and any associated entity, is or is not an appropriate person, are published below.

This assessment criteria is also to be met for grant, renewal and transfer applications under all other Energy Development branch legislation including:

A statement of reasons as to why an applicant is or not determined to be an appropriate person to hold a permit of licence under legislation other than the Petroleum Act 1984, will be prepared for decision making purposes but is not required to be published.

Applicant Associated entity Title Approval date Statement of reasons
Tamboran B1 Pty Limited Tamboran Resources Limited, Tamboran (West) Pty Limited, Daly Waters Energy, LP, Sheffield Holdings, LP Acquired 100% of Origin Energy (B2) Pty Ltd’s shareholding in exploration permits EP76, EP98 and EP117 28/10/2022 Statement of reasons - Tamboran (Bl) Pty Limited PDF (5.7 MB)
NZOG Dingo Pty Ltd and Cue Dingo Pty Ltd New Zealand Oil & Gas Limited and Cue Energy Resources Limited NZOG Dingo Pty Ltd acquired 35% interest in Production Licence (L) L7 and Cue Dingo Pty Ltd acquired a 15% interest in L7 15/07/2022 Statement of reasons - NZOG Dingo Pty Ltd and Cue Dingo Pty Ltd PDF (1.6 MB)
McArthur Oil and Gas Ltd Armour Energy Ltd Applicant acquired shares in McArthur NT Pty Ltd, which is the holder of exploration permits 171, 174, 176, 190, 191 and 192 03/02/2022 Statement of reasons - McArthur Oil and Gas Ltd PDF (1.7 MB)
Imperial Oil and Gas A Pty Ltd Empire Energy Group Ltd Transfer of exploration permits 167, 168, 169, 198 and 305 to Imperial Oil and Gas A Pty Ltd 30/09/2021 Statement of reasons - Imperial Oil and Gas A Pty Ltd PDF (478.6 KB)
McArthur NT Pty Ltd Armour Energy Ltd Transfer of Exploration Permits 171, 174, 176, 190, 191 and 192 to McArthur NT Pty Ltd 12/07/2021 Statement of reasons - McArthur NT Pty Ltd and Armour Energy Limited PDF (471.3 KB)
Peak Helium Pty Ltd Peak Helium Pty Ltd Transfer of Exploration Permit 134 to Peak Helium Pty Ltd 08/07/2021 Statement of reasons - Peak Helium Pty Ltd PDF (413.0 KB)
Tamboran (McArthur) Pty Ltd Tamboran Resources Ltd Acquiring 100% of shares in Sweetpea Petroleum Pty Ltd, which is the holder of exploration permits 136 and 143 19/05/2021 Statement of reasons - Tamboran (McArthur) Pty Ltd PDF (451.0 KB)

Last updated: 15 September 2022

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