Tony Pedley, Ian Collins and Jai Pandya, Polarcus
The 2014 Phoenix South-1 well drilled offshore Western Australia has confirmed at least four discrete oil columns in the Triassic Lower Keraudren Formation. The discovery of exceptionally good quality light oil with a high API gravity and favourable mobility represents one of the most significant developments in the region in recent times. The discovery, made whilst searching for the extension of discovered gas, represents a new oil province for Australia.