CCC±
72
Neutral
While a positive operating environment locally, there remains lingering questions over the ability to operate in the longer-term given the headwinds arising from the Federal regulatory environment.
June 3, 2024
Asia - Pacific
Onshore
-
The AAB occupies much of the southern quarter of the Northern Territory and extends about 150km into Western Australia, covering about 170,000sq km in total. It has a maximum sediment thickness of 14,000m with several major depocentres, which create a series of identifiable sub-basins and. Early Neoproterozoic volcanics and fluvial siliciclastics in the west form a rift sequence associated with an extensional event caused by the breakup of the Rodinia Supercontinent.
Despite a long exploration history, the Basin remains underexplored with only a handful of wells, as it has been overshadowed by the more prolific Eronamaga and Surat basins.
Source: ESRI, BGS, USGS & OGA data
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