Project Profile
Location: Southern Georgina Basin, Queensland, Australia
Area: 21,351 km²
Depth: 5,500 metres (drilling)
Start-up Year: -
Blue Energy successfully tendered for ATP1114A, ATP1117A & ATP1123A within the Georgina Basin Queensland. The three contiguous tenures are located on the NT/QLD border approximately 50km southwest of Mount Isa. Native title agreements and Environmental Authorities are required before the permits can be granted, and Blue Energy has commenced the process for obtaining these as soon as possible. The Georgina Basin has been sparsely explored to date, with efforts to date focused on conventional structural hydrocarbon plays in the middle Cambrian to Ordovician aged sequence present within the basin. More recently, the Cambrian aged Arthur Creek Formation which contains a thick organic rich deep water marine source rock sequence has been the target of renewed exploration in the Northern Territory portion of the Georgina Basin. The Arthur Creek Formation represents a potentially enormous unconventional hydrocarbon play. The main infrastructure includes a pipeline to Darwin, rail connections north and south and public roads to a refinery at Alice Springs.
For Blue Energy, the focus will be on prospective shale facies for shale gas and structural traps for conventional hydrocarbons within the Georgina Basin sequence. The Cambrian section, notably the Arthur Creek shale formation, will be assessed for shale gas potential and oil generated from the early Cambrian source rocks that may have migrated into overlying stratigraphic and structural plays associated with the Delamerian Orogeny in the Late Cambrian to Early Ordovician.
Operators:
Blue Energy Ltd: Operator with 100% interest