South Australia oil shale deposit indicated

摘要

Linc Energy Ltd., Brisbane, said it has discovered an oil shale deposit of more than 200 billion tonnes at 100 m thick in the Arckaringa basin in South Australia 450 miles northwest of Adelaide.The company said the deposit lies in the Early Permian Stuart Range formation in PEL 122 and is projected to extend into PEL 121. The formation is 2,801 ft deep and covers 284,000 acres. Rock-Eval pyrolysis indicates potential oil yields of 25-45 1/tonne in upper and lower intervals, respectively.The shale was intersected during completion of the company's Arck-1 stratigraphic exploratory well and is near the oil show at its Maglia-1 exploratory well.