The petroleum potential of the state is considered to be at...

The petroleum potential of the state is considered to be at least as significant as discoveries made to date. New explorers in the Cooper and Eromanga basins have sustained world-class success rates and flank areas remain under-explored. The offshore Otway and Bight basins and the onshore Officer Basin are considered to have potential for giant new petroleum field discoveries. Onshore oil plays in the Otway Basin, Arckaringa Basin and a number of frontier Cambrian and older basins as well as the State’s CSM potential also remain under-explored.