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Re: oilsleuth post# 42843

Thursday, 05/02/2019 11:26:45 AM

Thursday, May 02, 2019 11:26:45 AM

Post# of 42997
You're right! SO WHAT? You have to be in it, to WIN IT!

AND I AM. Funny thing you ask. The Tasmanian Government is seeking applicants for drilling of oil as we speak.
Straight from MRT website:

The Tasmanian State Government, through the Exploration Drilling Grant Initiative (EDGI), is offering grants for co-funded exploration drilling projects. The aim is to provide a stimulus to greenfields exploration for all commodities in Tasmania. The State Government is funding this initiative with $2 million over four years and the program is administered by Mineral Resources Tasmania (MRT).

Ten grants for the first round of successful EDGI projects were awarded in October 2018. MRT is now seeking proposals from applicants for a second round of projects, to be to be jointly funded by the successful applicants and the State Government. The projects will be undertaken during 2019-20 and completed by May 2020.

The EDGI Program will consider applications from any off-mine-lease location in the state. It will preferentially fund high quality, technically and economically sound "greenfields" projects that promote innovative exploration or new exploration concepts and technology. Applicants may submit more than one proposal and applications can be made for all mineral categories, as defined in the Mineral Resources Development Act 1995.

The Government contribution to each successful project will be capped at $50,000 for direct drilling costs, plus an additional $20,000 if helicopter support is required.



and it doesn't take a GED from the Hobart's Reformatory school to figure that out!

GL.

So what indeed!

JMO!

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