To be eligible for this licence you must:
- specify the blocks for which the application is made
- specify the activities you intend to carry out on the blocks covered by the application
- provide details of the amount of money you intend to spend on those activities
- outline the technical qualifications of yourself and your employees who are likely to be involved in activities authorised by the licence
- provide details of the technical advice and financial resources available to you
- specify, if the licence is to be held by more than one person, the share of the licence that each prospective holder will hold
- provide maps that relate to the blocks and comply with relevant guidelines.
You must also hold an offshore minerals Exploration Licence or Retention Licence over the same area sought for the licence.
The group of blocks you are applying for must form a discrete area, not more than 20 blocks.