Bridgeport Energy (QLD) Pty Ltd was awarded exploration permit ATP 2023-P, located in the Cooper-Eromanga Basin, on 8 April 2020. The permit has been awarded for six years so will expire, or be eligible for renewal, on 7 April 2026.  Under the work commitments at least one well is required to be drilled within the first four years of the permit term. No wells are located in the permit area to date.  ATP 2023-P was one of two awarded to Bridgeport on the same day, with ATP 2024-P also awarded. It was applied for in Jan 2017 after being offered as block PLR2015-2-17 in the Queensland 2015 state acreage offer. The round was open between 14 May and 8 October 2015. Native title agreements were required to be met before award.  The permit is reported to be prospective for conventional and coalbed methane (CBM) resources.  ATP 2023-P, which covers an area of 434 sq km, was awarded on 8 April 2020. Bridgeport Energy (QLD) Pty Ltd applied for 100% interest in the block, but between application and award has reached farm-out agreements with New Era Oil & Gas Pty and Leigh Creek Energy Ltd to divest 50% and 20% respectively.
Bridgeport Energy (QLD) Pty Ltd was awarded exploration permit ATP 2023-P, located in the Cooper-Eromanga Basin