There is about 500TCF gas-in-place in the Beethaloo basin where mostly covered by origin Energy tenements (70% JV).
6.6TCF gas is only the potential from the drilling of a few test wells. The gas potential will be a lot more than that when Origin starts drilling its tenements.
"...Origin estimated there was a massive
496 trillion cubic feet (TCF) of gas. That
equates to a massive 82bn barrels of oil potential . Now an awful lot of that has yet to be proven, but drilling and testing immediately prior to the fracking moratorium provided the basis for a resource od 6.6 TCF - which is still very much considered a ‘world class’ class project." (
Source: Click here).
View attachment 1063435
Lets' keep this in mind that GPP has got nothing to do with the gas potential on its tenements shown above. However GPP has mineral rights.
The whole basin cross-section as below;
View attachment 1063441
The schematic representation graphic is as below;
View attachment 1063447
The shale gas which is in the interest of origin is placed in the primarily Valkerri and secondarily in Kyalla formations.
Greenpower has two distinctly separate projects (targets) within the tenement application area which are both followed up by Alan Flavelle and of course by John Watts.
The first, to which my above graphics apply, are the deep hypersaline brines (including the Kyalla and Valkerri formations) intersected during oil and gas exploration drilling. The hypersaline brine may have great lithium potential.
The second, the Potassium-rich surface clays at Balmain Swamp (Lagoon), were found by Greenpower follow-up of NT Government radiometric imagery.
