Oilex LTD

Australia

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Oilex is in the process of establishing an acreage position for unconventional oil and gas exploration in the Canning Basin. The region contains active working hydrocarbon systems and its unconventional potential is recognized in the published 2013 Energy Information Administration Report.
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STP-EPA-0131 encompasses a large area of approximately 5,281 km2 that may be prospective for oil and liquids-rich gas and is interpreted to possibly contain one of the last deep, undrilled half grabens onshore Australia.
STP-EPA-0106 Titla
STP-EPA-0106 is located onshore north-western Australia in the Canning Basin. The area comprises 35.5 graticular blocks with an area of approximately 2844 km2. STP-EPA-0106 is 180km east of Port Hedland and close to the Pilbara Mining District. The potential to access significant mining infrastructure (roads, railways, airstrips, gas pipelines etc.) make this a unique area of the Canning Basin.
STP-EPA-0107 Title
STP-EPA-0107 is located onshore north-western Australia in the Canning Basin. The area comprises 45 graticular blocks with an area of approximately 3614 km2. STP-EPA-0107 is 180km east of Port Hedland and close to the Pilbara Mining District.  The potential to access significant mining infrastructure (roads, railways, airstrips, gas pipelines etc.) make this a unique area of the Canning Basin.

South-West Canning Basin Overview

In 2013, management conducted a comprehensive review of prospective onshore basins across Australia consistent with their strategy to diversify the company’s portfolio heavily weighted in India. An Energy Information Administration report published in 2011 and updated in 2013 stated that the Canning Basin has “risked technically recoverable resources of 235Tcf of recoverable shale gas and 9.8 billion barrels recoverable shale oil/condensate. Management also recognised similarities with its Cambay Basin acreage and noted the south west area had high quality infrastructure. The result of this extensive review was the identification the Wallal Graben, a potentially overlooked, deep, undrilled half graben in the south-west Canning Basin.

Recent onshore farmin activity across Australia