South Australia offers upstream petroleum and geothermal energy investors:
- Large petroleum and geothermal energy acreage positions up to 10,000 km2 (2,471,054 acres),
- Modest exploration licence application fee,
- Blue sky opportunities in frontier basins,
- diverse Neoproterozoic to Cretaceous marine and non-marine plays,
- licences to explore for natural hydrogen,
- gas storage and Carbon Capture and Storage licensing regime is in place,
- easy access to comprehensive well and seismic data,
- Low geopolitical risk, and
- Favourable royalty & tax regime.
