On 21 May 2020 Denison Gas Ltd was awarded Authority to Prospect permit ATP 2049-P, located in the Denison Trough, Bowen-Surat Basin, from the 2019 Queensland State Acreage Release. The permit, which covers an area of around 568 sq km, has been granted for a period of six years and is scheduled to expire, or be eligible for renewal on 20 May 2026. Under the terms of the award, any gas produced from acreage must be supplied to the Australian market, a term which is carried over should a production license be awarded over the permit.   Denison Gas applied for the acreage which was included in the 2019 Queensland State Acreage Release as PLR2019-1-3. The operator had its application accepted on 30 October 2019. The first relinquishment date of the permit will be after a period of four years, on 20 May 2024, until which time no amendments to the scheduled work programme will be allowed.   ATP 2049-P covers an area of around 568 sq km. Denison Gas Ltd holds 100% operated interest in the permit.
Santos and Denison Gas have been awarded rights in the Bowen + Surat basins of S. QLD, gas-prone acreage, believed issues of the 2019 Queensland State Acreage Release only now formally announced. Santos gets PLT2019-2-9/10/11/12, 2,000 sq km between Chinchilla + Roma, Denison PLR2019-1-3 (now ATP 2049-P), 568 sq km near Emerald in the Bowen Basin.