"the idea of identifying nd then selling to someone else MAY be the correct strategy as far as offshore goes.." (72355243).
Well previously that was a good idea... but now... after recent legislation ascended, you are now liable for some future activities in the permit. I believe the safest thing to do legally speaking would then be to not expose yourself to any future liability. This legislation is controversial because through no fault of your own you could be called back to pay for decommissioning...
"In December he released proposals that included so-called trailing liabilities that hold sellers of assets responsible for decommissioning" source: https://www.boilingcold.com.au/pitt-to-oil-and-gas-you-can-sell-assets-but-not-escape-liabilities/
