Oil&Gas
EP 103, EP 104, EPA 213, EPA 252, EP 127 & EP 128 - Southern Georgina Basin
2017-12-21 15:00  点击:0
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Project Profile



Value: Undisclosed
Location: Southern Georgina Basin, Northern Territory Australia
Area: EPA 213 (1,527 km2) and EPA 252 (2,273 km2)

The Southern Georgina Basin is one of Australia\'s last virtually unexplored onshore sedimentary basins encompassing 100,000 square km and nearly 25 million acres, with the potential for multi-billion barrel accumulations. It is under-explored because of the massive shift to offshore hydrocarbon exploration some 40 years ago, its vast and remote deserts, land access issues and until recently, limited access to infrastructure and petroleum services.

The Southern Georgina Basin is part of a large intracratonic basin situated in central Australia filled mainly with Proterozoic, Paleozoic and Mesozoic sediments. Cambrian and Ordovician marine and shallow water near shore sandstones and carbonates (proven productive in the Amadeus Basin to the southwest) are the primary potential reservoir units in the Southern Georgina Basin. The Paleozoic section (containing Cambrian and Ordovician reservoirs) ranges in thickness from approximately 1,250 metres within EP 103 and EP 104, to over 5,000 metres within the eastern part of Toko Syncline in Queensland. A NW/SE schematic cross-section illustrates the eastward thickening of the sediments in the Toko Syncline, and identifies the major potential reservoirs and source rocks in the basin.

The major tectonic event that impacted the Southern Georgina Basin was the Alice Springs Orogeny (Devonian/Carboniferous). It created significant high-angle basin margin faults (such as the Toomba Fault) and was responsible for the emplacement of igneous bodies such as the Arunta Block. These igneous bodies were the source of increased heat flow into the hydrocarbon source beds, which ultimately reach the oil maturation level and the generation and migration of oil beginning in the Paleozoic.

Operators:

PetroFrontier\'s Exploration Permits

EP 103 - Operator with 35% interest with Statoil holding remaining 65% interest
EP 104 - Operator with 35% interest with Statoil holding remaining 65% interest
EPA 213 - Operator with 100% interest (Statoil pending exploration permits)
EPA 252 - Operator with 100% interest (Statoil pending exploration permits)

EP 127 - EP 128
Baraka Energy & Resources: Operator with 100% interest (since January 2015)


Contractors:

Ensign International Energy Services: Rig contract

Schlumberger (Australia): Run the multistage open hole completion string and conduct the fracture stimulation program
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