
Tenement Information
| Tenement | Approx Area (km²) | Location | Operator | CTP Consolidation Entity | Other JV Participants | ||
| Registered Interest (%) | Beneficial Interest (%) | Participant Name | Beneficial Interest (%) | ||||
| EP 125 | 12,761 | Amadeus Basin NT | Santos | 30 | 30 | Santos | 70 |
| EP 82 DSA | 1,489 | Amadeus Basin NT | Central | 0 | 100 | ||
| EP(A)111 | 8,932 | Amadeus Basin NT | Santos | 100 | 50 | Santos | 50 |
| EP(A)124 | 13,982 | Amadeus Basin NT | Santos | 100 | 50 | Santos | 50 |
Joint Venture
In October 2012, Central and Santos entered into a three-stage farm-in agreement, which involved Santos funding an extensive work program of seismic acquisition and several exploration wells. These activities were completed in 2019.
Description and Geology
The Southern Amadeus Basin is a large and underexplored region characterised by northwest trending structures in the northern area, and a central area dominated by an east-west central structural ridge. The southern area has a variety of structural styles including basement involved structural highs, compressional folds and salt-cored thrusted anticlines. The proven Larapintine petroleum system in the Northern Amadeus is not present southwards, however, source rocks are also recorded deeper in the stratigraphic succession including in the Cambrian Tempe Formation and Chandler Salt. The Neoproterozoic Pertatataka, Aralka, Finke Beds and Bitter Springs formations also show oil and gas source characteristics, in particular in the basal Gillen Member which provides the source for the Heavitree/basement play.
EP 125
In 2014, the joint venture operated by Santos drilled the exploration well Mt Kitty 1 to test a large basement structure with closure up to approximately 200 km². The target Heavitree Formation reservoir was absent, but hydrocarbon and helium gas flows were recorded from fractured igneous basement, opening a new play type. This permit contains a variety of structural styles, and additional opportunities have been identified from potential field data and the extensive 2013 and 2016/2018 seismic data.
It is planned to re-enter the Mt Kitty well through the Jacko Bore lateral well, targeting commercial flows of helium
Exploration
The Southern Amadeus region contains a variety of structural styles and additional Heavitree Formation/Fractured basement leads have been identified from potential field data as well as the 2013/14 and 2016/18 seismic programs.
Opportunities
The size of the acreage and leads identified to date has encouraged the joint venture to plan exploration wells at three locations identified as worthy of drilling. The percentage of helium recovered in known discoveries is in the range 4% to 9%, which is very high compared with worldwide analogues, and may represent a standalone commercial opportunity.
