Co-funded Energy Analysis Program (Australia)

It is a program of the Exploration Incentive Scheme (EIS), funded by the West Australian State Government, and managed by the Geological Survey of Western Australia (GSWA).

Categories

• The EAP will fund projects under two categories:
  • EAP – Analysis and Reprocessing
    • The EAP – analysis and reprocessing category makes funding available for analysis of existing state resources (core, sidewall core, cuttings, and oil, condensate, water, and gas samples), to allow re-analysis of existing data (e.g., reprocessing or desktop studies).
  • EAP – Geophysics Acquisition
    • The EAP – geophysics acquisition category makes funding available for acquisition of greenfields geophysical data to achieve better resolution and understanding of petroleum and geothermal systems. The data from the co-funded projects will become open file to advance exploration activity, address knowledge gaps, and deliver regional information to the wider exploration community.

Funding Information

• Co-funding is available for up to half (50%) of the direct program costs, capped at $50,000.

Eligible Costs

• Direct costs
• Sample preparation costs
• Sample analysis costs
• Modelling and report writing by analysis provider

Ineligible Costs

• Costs not funded
• Project management or company personnel salaries
• Equipment development or repair
• Shipping costs/transportation
• Administration costs (e.g. heritage surveys and ground clearances)

Eligible Projects

• Projects cannot be retrospective and can only begin when the successful applicants have been publicly announced, the Funding Agreement has been fully executed, and on or after the Commencement Date.
• Projects proposed must be able to be completed within the 12 month period. If service providers for analytical work are national or international, due consideration must be given to the reliability of businesses to complete and return all data and samples within the 12 month period.

Expected Deliverables

• The deliverables required for each project are:
  • Final Report containing all technical information directly relevant to the Project, completed as per the template found online.
  • Complete raw and processed data of all work undertaken o Physical samples and analysis products (e.g. core plugs, thin sections, biostratigraphic slides and residues, radiometric dating mounts, leftover cuttings, plugged core).
  • Invoices, from the applicant (for co-funding) and analysis provider/s (showing project costs) submitted by email to the EIS Team.

Eligibility Criteria

• The Applicant is a legal entity that can enter a legally binding Funding Agreement with the WA Government, has an active Australian Company Number, and is registered for GST.
• The Applicant must hold a Petroleum Title, Geothermal Title or Reservation Title, including a petroleum or geothermal special prospecting authority SPA/GSPA, with or without acreage option (AO) in the State of Western Australia.
• Funding is available for applicants that have applied for an exploration permit application STP-EPA, or a special prospecting authority application STP-SPA, (Petroleum or Geothermal).
• Where required, as part of the assessment process the Department will take into consideration any of following criteria which may impact the eligibility of the proposal:
  • History in meeting reporting/compliance commitments to the Department
  • History in meeting reporting/completion commitments to previous EIS programs
  • Financial and technical capacity of the Applicant to complete/undertake the proposed program.

For more information, visit Government of Western Australia.