Cooper Basin Update - First Conjunctive Petroleum ILUA in Proven Petroleum Province

The National Native Title Tribunal has now registered the Indigenous Land Use Agreement (ILUA) with the Yandruwandha Yawarrawarrka Traditional Land Owners and that covers the eastern sector of the South Australian Cooper Basin.

This agreement is historic in that it is the first conjunctive petroleum land access agreement in a proven petroleum province, and provides for a template agreement that is evergreen and all encompassing in respect to enabling a prospective licensee to enjoin to enable subsequent licence grant without requiring an additional native title land access agreement.

The ILUA and supporting documentation can be accessed as follows:

Yandruwandha Yawarrawarrka Indigenous Land Use Agreement (PDF)

Minister Holloway’s Press Release (PDF)

Map showing the area subject to the ILUA.

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The ILUA area is wholly within a "Highly Prospective Region" pusuant to the Petroleum Act 2000 and applications for petroleum exploration licences will only be accepted as a result of public calls for competitive work program bids. The first such calls for competitive work program bids are expected to be made 1Q 2009 and will be marketed both internationally and nationally.