ep 437 north perth basin shale and oil?, page-2

Strauss, Dunnart #2 formerly was called Waugh #1 (50% to KEY).

Have a look at what our CEO has had to say on the topic of Dunnart #1 in the last quarterly report:


The Waugh structure is a seismically defined drillable oil prospect in the Onshore North Perth Basin.

The Structure is a tilted fault block defined by seven seismic dip lines and one strike seismic line.

The Dunnart well drilled on this structure encountered elevated methane readings while drilling through the Coaly Unit of the Cattamarra Coal Measures and recorded excellent oil shows while drilling through the Bookara sandstone. Neither of these shows was tested.

The Early Triassic Bookara Sandstone is sealed by thick marine shales of the Kockatea Shale (which are 112 metres thick at Dunnart-1) and sourced by the organic rich shales at the base of the Kockatea Shale. The potential for gas is also present in the Coaly Unit of the Cattamarra Coal Measures. The main source rocks are the marine shales in the basal part of the Kockatea Shale which is one of the major oil prone rocks in the Northern Perth Basin. The basal Kockatea Shale is up to 50 metres thick on the downthrown side of the Allanooka Fault and is interpreted to be in the oil generation window.