Project Profile
Value: Undisclosed
Location: Central northern part of the Victorian sector of the onshore Otway Basin, Australia
Area: 1419 km2
Water Depth: Range from 50 to 80 metres
Start-up Year: -
Exploration permit PEP 175 (1419 km2) is located to the east of PEP 150 and north of PEP 167 and lies in the central northern part of the Victorian sector of the onshore Otway Basin. The permit was awarded to BAS on 18 April 2013 after the resolution of Native Title issues. The area covers parts of the Tyrendarra Embayment, the Koroit Trough, the Morenda Trough and the Killara Trough, all of which contain prospective late Jurassic (Casterton Formation) to early Cretaceous (Pretty Hills and Laira Formation) sedimentation. This area has been interpreted to hold both conventional and unconventional resource trends, but primarily addresses the Casterton unconventional play. Bass Strait Oil Company operates the license.
Operators:
Bass Strait Oil Company Ltd (BAS): Operator with 100% interest