Central Petroleum Limited
(ASX:CTP) (“Central” or the “Company”) has pleasure in releasing a Technical Note by Dr Jacque Sayers and Greg Ambrose “Conventional Hydrocarbon Plays in the Southeastern Georgina Basin” (CTP Technical Note 11.08.17).
The report concludes, inter alia, that :
Both conventional and unconventional plays are important in the southern Georgina Basin. The latter have been widely discussed in the context of Canadian initiatives in the Southern Georgina and the Officer Basins. (Petro Frontier and Rodinia respectively)
Conventional plays could be of comparable importance with exploration targets in the range of hundreds of millions of barrels of oil UOIIP.
The technical note for the first time describes high energy clastic channel facies in Central’s acreage which are important stratigraphic targets in the basin.
The dominant lithologies in the section comprise low porosity/permeability rocks including important source rocks, but “pockets” and “stringers” of porous clastics are highly rated targets.
The newly recognised channel facies will high grade areas of perceived prospectivity. This is important in quiescent tectonic regimes (such as the Bradley Shelf) which often harbour large undisturbed stratigraphic plays in many basins around the world (eg the giant Messla field in Libya – 12 Bn. barrels OIP).
The incision and submarine channels noted suggest deeper water turbidite fans and splays so distributary channels will form part of the sedimentary architecture
In a basinward direction – these facies are massive producers in many basins around the world (eg offshore Kalimantan).
This study is basically the first step in addressing conventional plays in this area and will be later assisted by seismic structure mapping with an emphasis on seismic stratigraphy and sedimentary facies mapping. Data gained via unconventional programmes will assist in this and vice versa.
For further information please download the PDF below
