Australia tries to lure shale exploration investment

Detailed data on Australia’s South Nicholson Basin is being released in the hope of bringing investors to the region’s untapped shale resources Detailed data on Australia’s South Nicholson Basin is being released in the hope of bringing investors to the region’s untapped shale resources.
By Sally Bogle 27 October 2017 0 28145
The Darwin LNG plant, Australia. (ConocoPhillips) The Darwin LNG plant, Australia. (ConocoPhillips)

The Australian government is trying to attract investment to explore the onshore South Nicholson Basin, one of the country’s least-explored regions, in the hope of triggering a United States-style shale boom. Its aim is to meet burgeoning demand for export and domestic use.

Preliminary datasets from gravity and deep crustal seismic surveys undertaken in the basin, which spans parts of the Northern Territory (NT) and Queensland, were released last week. 

It is the first time detailed seismic data has been gathered in the region, which is believed...

Log in or register for a free trial to continue reading this article

Already a subscriber?

If you already have a subscription, sign in to continue reading this article.

Sign in

Not a subscriber?

To access our premium content, you or your organisation must have a paid subscription. Sign up for free trial access to demo this service. Alternatively, please call +44 (0)20 3004 6203 and one of our representatives would be happy to walk you through the service.

Sign up