KEY FEATURES
- Grant amount: Up to 50% of eligible project costs, with caps at $100,000 (analysis/reprocessing) or $150,000 (geophysics acquisition).
- Applications Open 2 February and Close 27 February 2026.
- Eligible industries or business types: Petroleum and geothermal exploration companies.
- Required co-contributions: Yes, minimum 50% of project costs.
Overview
The program, managed by the Geological Survey of Western Australia (GSWA), has a total funding pool of $2 million annually. It supports the energy sector by fostering exploration, driving technological advancements, and strengthening Western Australia’s position in the global energy market.
The program prioritises the petroleum and geothermal exploration sectors, focusing on innovative data analysis and geophysical surveys.
The full grant amount offered totals $2 million annually.
Minimum and maximum amounts: No minimum; maximum $100,000 for analysis/reprocessing, $150,000 for geophysics acquisition.
Categories or streams of funding:
- Analysis and Reprocessing: Data interpretation, reprocessing, and laboratory analysis.
- Geophysics Acquisition: Geophysical surveys, including seismic and non-seismic methods.
Project timeline or eligible funding duration: Projects must be completed within 12 months from the funding agreement date.
ASSESSMENT PROCESS
- Competitive or entitlement-based: Competitive, assessed by an independent panel.
- Key evaluation criteria:
- Technical merit and innovation of the project.
- Potential to enhance resource discovery in Western Australia.
Eligibility for Funding
- Business structure or size: No size restrictions; must be a registered company.
- Registered business location: Projects must be conducted in Western Australia.
- Minimum/maximum turnover: Not specified.
- Insurance or compliance obligations: Must comply with EIS guidelines and provide evidence of data submission to GSWA.
- ABN/GST status: Active ABN required; GST registration if applicable.
- Additional requirements: Projects must involve petroleum or geothermal exploration acreage under a valid title.
Timelines and Important Dates
How to Apply
To find out more, go to the Department of Energy, Petroleum and Exploration.
Need help with your Application?
AMETS experienced WA Team is available to assist you with your application.
