In addition, TAG's East Coast Basin play has particular features that provide encouragement in regard to prospectivity of this unconventional exploration play, including:
The source rocks are up to 600 meters thick in some areas;
The source rocks are naturally fractured;
The oil confirmed as coming from the source rocks, is 50 degree API;
The East Coast Basin is over-pressured at depth, confirming a competent seal situated above the source rocks.
Click to enlarge map
These parameters were also considered in an independent report that estimated potential undiscovered oil initially-in-place amounting to 14 billion barrels, calculated on just 20% of TAG's East Coast Basin acreage that is believed to be prospective for unconventional discovery.
