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Government Funded Research Initiative Amadeus Basin
Central is participating in a recently announced Northern Territory (NT) government package to aid companies wishing to conduct exploration in little known areas. A copy of the NT government release is attached. Central intends to do a gravity survey costing $56,000 of which the NT government will contribute $28,000. The subject of the study are a interpreted series of well developed salt structures identified by a recent seismic programme in EP112 in the Amadeus Basin. Similar salt structures are very important in creating traps for oil and gas in the Gulf of Mexico, offshore Mauritania, and the Santos Basin offshore Brazil.
Central welcomes the NT government’s initiative and looks forward to further expansions of the programme in the future.
Central’s Senior Geoscientist, Mr Tony Rudge, said today “



this government funded initiative is setting a new standard in government/industry co-operation in an area where the fundamentals of prospectivity have been well established, but with such a large area to contend with, some very interesting geology has been overlooked by previous explorationists.”
Earlier phases of exploration in the Amadeus have focussed almost exclusively on Ordovician Pacoota Sandstone targets in obvious anticlinal surface structures.
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