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.