EXPLORATION

South Nicholson Basin larger than Tasmania

ONE of northern Australia’s least explored regions, the onshore South Nicholson Basin, is three times larger than previously thought, with potentially significant oil and gas reserves, new data has revealed.

Sally Bogle

The South Nicholson Basin is three times larger than initially thought

The South Nicholson Basin is three times larger than initially thought

The finding was revealed this week by Geoscience Australia which has been undertaking gravity and deep crustal seismic surveys in the Basin which spans parts of the Northern Territory and Queensland. ...

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