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...
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