And:
McArthur Basin
The McArthur Basin contains a large scale shale oil and gas exploration play in the Barney Creek Formation, which is up to 900 metres thick.
Empire has previously noted the uniformity of this shale formation, which in light of the strong gas flows from Glyde-1, make it likely that commercial gas flows are possible throughout the Batten Trough of the Basin
Note this is an EEG (next door neighbour) announcement
- Forums
- ASX - By Stock
- AJQ
- ev/acre emerging australian shale companies