Project Profile
Location: Kimberley region of central northern Western Australia
Area: 530,000 square kilometres
Production: 1.8 million barrels of oil
Exploration start-up year: - 2010
The EP104/R1, EP129, L6/L8 (Blina) production licences, together with EP371, lie along the northern margin of the Fitzroy trough. These licences contain the only commercial oil production in the Canning Superbasin at the Blina/Sundown and associated oil fields which have produced a total of approximately 1.8 million barrels of oil. The extensive infrastructure in the Blina area means any discoveries in this area will be able to be quickly and economically brought into production. The company completed the Bunda 3D seismic survey over the Sundown and associated field areas during 2009 and exploration wells were drilled in this area during 2010.
Exploration targets in this area include the Famennian aged carbonate reef buildups which host the Blina Field and in which the Stokes Bay-1 well encountered cavernous porosity. Gas has also been tested from this section in the Point Torment-1 well. The other principal exploration target in this area is the Carboniferous Laurel/Anderson section in a basinal setting as encountered in Valhalla-1. The drilling of the Paradise-1 well during 2010 encountered a gross 9 metres of interpreted oil reservoir in the Lower Grant Formation but testing of this zone was inconclusive. The well was suspended while options for further testing of the zone and drilling of additional exploration wells during the 2011 field season are evaluated.
Operator:
Buru Energy: Operator with 50% interest
Mitsubishi Corporation: 50% interest
Contractors:
Ensign Energy: Drilling contract