Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
 Download Full Day's HansardDownload Full Day's Hansard    View Or Save XMLView/Save XML

Previous Fragment    Next Fragment
Thursday, 15 March 1973
Page: 601

Mr KEATING (BLAXLAND, NEW SOUTH WALES) - My question to the Minister for Minerals and Energy is supplementary to that asked by the honourable member for

Stirling. Was the reason for the panic farming in the case of Woodside-Burmah Oil NL leases due to the fact that the area would have reverted to the Designated Authority in 2 years? Why was the area given to WoodsideBurmah for exploration so massive? Why was not the exploration licence auctioned as is the practice in Canada and other countries?

Mr CONNOR - What the honourable member has asked for can be answered only in a long serial. Briefly the situation is this: It is surprising the number of last minute transactions that were approved, not merely in relation to exploration for oil and natural gas but also for uranium by what was a caretaker government. These matters have been very closely examined and I will be in a position to make a statement to the House, I hope, in the next week.

Suggest corrections