Project Profile
Location: Northern Dampier/Beagle Sub-basin, Northern Carnarvon Basin, Western Australia
Area: 3,645km²
Water Depth: 200-1,000 metres
Start-up Year: -
Exploration Permit WA-418-P was awarded to Finder Exploration in October 2008 following the 2008 Gazettal round. The Permit is located in the Northern Dampier/Beagle Sub-basin which is the northern most depocentre of the Northern Carnarvon Basin, 250km offshore Dampier, Western Australia. The Permit contains three wells: Delambre-1, Ermine-1, and Serval-1. The Permit is surrounded by active petroleum systems, as evidenced by the Mutineer/Exeter and Fletcher oil fields, (just south of the Permit), and the oil bearing sands in the Calypso Formation (at Nebo-1 drilled in 1993) to the east and is proximal to the giant gas fields of the Rankin Trend to the southwest. Particularly relevant to the hydrocarbon prospectivity is the recent geochemical modelling work that has recognised that the Victoria Syncline is a significant hydrocarbon charge cell, charging the Goodwyn, Perseus, North Rankin and Persephone complex. There are also several potentially generative source levels, including the Murat Siltstone, three modelled Triassic levels, plus the late Jurassic.
Operators:
Quadrant Energy Australia Ltd.: Operator with 65% interest
Finder Exploration: 35% interest