1/09/2017 – Finder is pleased to announce that it has entered into a farmout agreement with Woodside Energy Ltd. Click here for further information.
Numerous leads identified within the Permit, focus of Permit wide new 3D seismic data acquisition and pSDM processing
||Woodside Energy Ltd
|10% Finder No 10 Pty Ltd
90% Woodside Energy Ltd
Finder No 10 Pty Ltd, a wholly owned subsidiary of Finder Exploration Pty Ltd (“Finder”) was awarded Exploration Permit WA-520-P on 21 September 2015 (which was gazetted as W14-17 in the 2014 Commonwealth acreage release round). The Permit straddles the boundary between the Exmouth Sub-basin and Exmouth Plateau of the Northern Carnarvon Basin, offshore Western Australia and is approximately 200 km west of the town of Dampier. The Permit contains the Zeepaard-1 Triassic gas discovery.
Early technical assessment has identified four play levels
• Cretaceous Upper to Lower Barrow Griffin look-alike 4-way dip oil targets >100 mmbbls;
• Tithonian oil (eg Enfield stratigraphic level);
• Jurassic (Oxfordian sandstone eg Io/Jansz gas field); &
• Triassic gas (Mungaroo sandstones cf Zola, Tallaganda & Ragnar discoveries)
Permit showing currently identified leads.