Suggest this thread shouldn't overlook the Big Daddy of shale oil and gas prospects in Australia - the Arckaringa Basin which potentially contains as much as 233 billion barrels (or more) of recoverable shale oil. That's only about 30b less than Saudi Arabia.
The Arckaringa Basin also can be exploited more easily because of its proximity to the existing Cooper Basin pipeline infrastructure supplying the major eastern states population centres.
The plays are LNC and BPT which have diluted exposure and the spec NVG (Navgas).
NVG completed an independent study that confirms potential for 4.2tcf and there's more than a desktop study to confirm its potential as way back in 1991 there was government drilling of the Blinman hole that didn't reach target depth but confirmed gas shows.
shale oil/gas the new boom sector, page-118
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)