Oil and Gas Sector

In reply to Mr VAN HOLST PELLEKAAN (Stuart) (19 November 2014). (First Session)

The Hon. A. KOUTSANTONIS (West Torrens—Treasurer, Minister for Finance, Minister for State Development, Minister for Mineral Resources and Energy, Minister for Small Business):

I am advised that all advice provided to unsuccessful bidders was fully consistent with legislation. The letters to unsuccessful bidders for PEL 570 stated their bid was not the successful bid, and if successful bid parties were to withdraw their bids before formal offer of licences were made, then the next ranked conforming bidder would be asked to confirm their work program bid.