The Amadeus, Ngalia, Georgina, Wiso, Daly and Ord Basins are remnants of the extensive Centralian Superbasin that covered a large part of central Australia. Widespread marine clastic and carbonate sedimentation occurred from the Neoproterozoic (in the Amadeus and Ngalia Basins) to the Ordovician (Wiso and Daly Basins) and Devonian (Georgina and Amadeus Basins). Widespread sub-aerial flood basalts (Kalkarindji Volcanic Group) covered a large portion of the northern part of the Northern Territory during the early Cambrian.
New seismic acquired by Central Petroleum Limited (Central) in the Rawson Resources Limited (Rawson) EP 97 Farmout Blocks has resulted in the emergence of a new Devonian carbonate platform play well defined by the “Erec” and “Lucan” Prospects in the Warburton Basin - a Cambrian to Carboniferous Basin underlying the Permian Pedirka Basin. This is the first time a Devonian/?Carboniferous carbonate buildup play (platform/reef) has been recognised in the Warburton Basin. Such Devonian carbonate platform plays have considerable importance in producing basins in a global context. The Tengiz, Karachaganak, Astrakhan and Kashagan super-giant fields in the Caspian Sea area host c.46 Bbbls of Oil Equivalent in Place (OEIP) with other noteworthy examples being the “WEHLU” fields in the southern USA, the Lisburne Field in Alaska and the Leduc, Nisku and Wabuman Fields in the Western Canadian Basin.
Could this be something BIG ???
Soon, all will be revealed
stay tuned !!!!!!!
CTP Price at posting:
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