Central Petroleum Limited (ASX:CTP) Rodinia Breakup Implications for Petroleum Systems in Amadeus and Georgina Basins

25.01.2012  |  ABN Newswire

Sydney, Australia (ABN Newswire) - Central Petroleum Limited (ASX:CTP) ('Central' or the 'Company') is pleased to advise the release of a Technical Note by Greg Ambrose, Manager Geology, 'The breakup of the Rodinia Supercontinent and its impact on petroleum systems in the Amadeus and Georgina Basins.'

The Technical Note concludes, interalia, that global correlations of Late Neoproterozoic and Middle Cambrian source rock sequences from the Amadeus, Georgina and Wiso (Lander Trough) basins suggest that their potential for both conventional and unconventional hydrocarbon accumulations has been underestimated, considering the prolific hydrocarbon production from equivalent petroleum systems in Oman and on the Siberian Platform in Russia, and to some extent in the Sichuan Basin China.

Salt structures, (halotectonic structures) play a big role over much of these basins in forming hydrocarbon traps.

View the Full Technical Note here:
http://media.abnnewswire.net/media/en/docs/ASX-CTP-575096.pdf

About Central Petroleum Limited:

Central Petroleum (ASX:CTP) is an ASX listed junior exploration and production company operating what is regarded as the biggest package of prospective acreage in Australia.

Source:

Central Petroleum Limited

Contact:

Central Petroleum Limited
T: +618-9474-1444
F: +618-9474-1555
WWW: www.centralpetroleum.com.au