Project Profile
Location: Beetaloo Basin, 600km south of Darwin, Australia
Area: ~ 7,000,000 acres
The Beetaloo Basin is of Pre-Cambrian age and is situated approximately 600km south of Darwin. The property consists of four exploration permits which encompass approximately 7,000,000 acres. Multiple conventional and unconventional oil and gas opportunities have been identified. The Beetaloo Basin has more than 3,000m of sediment column in which two world class source rocks have been identified; the oil and gas generating Kyalla Shale and the gas generating Velkerri Shale. The main hydrocarbon plays in this large basin are in the shale reservoirs and in the sandstones adjacent to them. Each source rock is widespread, with thicknesses up to 800m. The sandstones have conventional porosities and permeabilities and numerous conventional structures have been mapped from over 2000km of 2D seismic. 11 wells have already been drilled in the basin in the 1990s. All of the wells showed presence of oil and gas.
Operators:
Origin Energy Resources Ltd. (a subsidiary of Origin Energy Ltd.): Operator with 70% interest
Falcon Oil & Gas Australia Ltd.: 30% interest
Contractors:
Western Geco: Seismic data
Terrex: Seismic data