Rodinia Breakup Implications for Petroleum Systems in Amadeus and Georgina Basins
Sydney, Jan 25, 2012 AEST (ABN Newswire) - Central Petroleum Limited (
ASX:CTP) ("Central" or the "Company") is pleased to advise the release of a Technical Note by Greg Ambrose, Manager Geology, "The breakup of the Rodinia Supercontinent and its impact on petroleum systems in the Amadeus and Georgina Basins."
The Technical Note concludes, interalia, that global correlations of Late Neoproterozoic and Middle Cambrian source rock sequences from the Amadeus, Georgina and Wiso (Lander Trough) basins suggest that their potential for both conventional and unconventional hydrocarbon accumulations has been underestimated, considering the prolific hydrocarbon production from equivalent petroleum systems in Oman and on the Siberian Platform in Russia, and to some extent in the Sichuan Basin China.
Salt structures, (halotectonic structures) play a big role over much of these basins in forming hydrocarbon traps.
View the Full Technical Note here:
http://media.abnnewswire.net/media/en/docs/ASX-CTP-575096.pdf
About Central Petroleum Limited
Central Petroleum Limited (
ASX:CTP) is an established ASX-listed Australian oil and gas producer (ASX:CTP) with exploration and appraisal permits in the Northern Territory (NT). Central has grown to become the largest onshore gas operator in the NT, supplying residential and industrial customers in the NT and wider Australian east coast market.
Central is seeking to become a major domestic energy supplier, in addition to helium and naturally occurring hydrogen, with exploration, appraisal and development plans across 169,112 km2 of tenements the NT, including some of Australia's largest known onshore conventional gas prospects in the Amadeus Basin.
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