
%0 Journal Article
%A Wise, James C. 
%T PETROLEUM POTENTIAL OF NORTHERN AUSTRALIA
%J The APPEA Journal
%D 1975/06/30
%V 15
%N 2
%P 80-85
%K 
%R https://doi.org/10.1071/AJ74036
%U https://www.publish.csiro.au/paper/AJ74036 
%X Sedimentary basins off the northern Australian Coast have been a target of moderate exploration in recent years. Thirty-six offshore wells have been drilled. Over one-third of these have tested hydrocarbons, but to date no commercial fields have been discovered. As a result, large areas may now be downgraded; however, the existence of major accumulations remains a real possibility. Because so many of the structures have been tested, any giant field discovered will more likely be stratigraphically entrapped. 
