Central Petroleum Targets Additional Unconventional Plays in Australia
Central Petroleum has identified up to 65 million acres of additional unconventional play targets in the Amadeus, Eromanga, Wiso and Pedirka basins in central Australia.
The targets are in addition to the 11 million acres of unconventional exploration plays and resources in the company’s acreage portfolio already identified in the Southern Georgina and Amadeus basins.
Central said the additional unconventional targets were represented by known mature source rocks with elevated total organic contents in a series of vertically stacked horizons which had at least been drilled in part.
It added many of the horizons had previously been logged, sampled and analysed, although not specifically for unconventional exploration.
The company identified the Gillen member in the Amadeus Neoproterzoic, which has a gross target area of 58400 square kilometers, as “the most attractive target”.
The Gillen member occurs in the oil/gas window at shallow depths over areas of the southern Amadeus basin and has produced hydrocarbons and helium in the Magee-1 well on EP 82.
Central said the results that led to the discovery of the additional targets were preliminary and based on sparse drilling and sampling from historical and recent exploration over a 50 year period
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