Mosman Oil and Gas said that its Amadeus Basin project in Australia’s Northern Territory holds trillions of cubic feet of recoverable natural gas. A report by SRK Consulting on the basin’s resource prospects within permit EP 145, in which Mosman holds the sole interest, highlights the potential for conventional gas in proven reservoirs of the West Walker Anticline and unconventional gas in the Horn Valley Siltstone. According to the report, there are unrisked prospective recoverable resources of 12.44 Bcf of conventional gas and 1.4 Tcf of unconventional gas within both plays.
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