Table 1: Preliminary results of assessment of shale and tight oil in selected basins
Oil Basin Estimated oil-in-place (Bbls) Potential Recoverable Oil (5% of P50) (Bbls)
P90 P50 P10 Mean
Gippsland Basin          
Shale Resources 10.1 22.4 46 25.8 1.1
           
Perth Basin          
Shale Resources 26.1 60.6 127.2 70.3 3
           
Cooper Basin          
Shale Resources 5.8 8.9 12.9 9.2 0.4
Tight Resources 253.9 490.2 956.3 559.9 24.5
Total         24.9
           
Canning Basin          
Shale Resources tba tba tba tba tba
Tight Resources tba tba tba tba tba
Total         tba
           
Otway Basin          
Shale Resources 15.5 20.7 27.4 21.1 1.0
Tight Resources 5.9 8.9 13.3 9.3 0.4
Total         1.5