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Co-funded drilling and energy analysis grants attract strong interest

Exploration Incentive Scheme offers over $6.56 million in co-funding to WA projects Inaugural Energy Analysis Project co-funding initiative offers funding to applicants Economic modelling reveals a $31 million benefit to WA for every $1 million invested  The State Government has announced the successful applicants for Round 23 of the Exploration Incentive Scheme (EIS) co-funded drilling program and the inaugural co-funded Energy Analysis Project (EAP) program. The Department of Mines, Industry Regulation and Safety received 84 applications for the drilling program and 12 applications for the EAP program. For Round 23, $6.3 million in grants was offered to projects across Western Australia, which includes an additional $1.3 million from the McGowan Government’s WA Recovery Plan.

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