Central Petroleum Limited (ASX:CTP) (“Central” or the “Company”) has pleasure in releasing a report by Greg Ambrose, Manager Geology, and John Heugh, Managing Director, “Maturation Modelling of the Lander Trough, Wiso Basin” based on maturation modelling by Dr Natt Arian, a Melbourne based consultant.
The report concludes that :
- Results of maturation studies encourage further the search for both conventional and unconventionally reservoired oil in Central’s Lander Trough acreage with up to c.11 million acres in Central’s permits and applications which may be in the early to late oil window with some deeper sections just into the early gas window.
- studies have confirmed that stratigraphic equivalents of Middle Cambrian source rocks from the Georgina Basin (the Arthur Creek Shale and the Middle Thorntonia Limestone) occur in the Lander Trough of the Wiso Basin within Central’s permit applications.
- In the Lander Trough, the dominant oil generation rate occurred in the Ordovician as is the case for analogous source rocks to the east in the Georgina Basin. A second pulse of oil generation occurred during the early Alice Springs Orogeny (Siluro/Devonian).
- These models greatly enhance the petroleum exploration potential of the Lander Trough and Green Swamp Shelf in general. The modelling has reduced the perceived risk pertaining to oil generation and migration which is encouraging given CTP has “whole of basin” coverage over the Lander Trough.
For further information please download PDF below:
