Surat Basin, Southeast  Queensland

Bridgeport Energy’s producing asset within the Surat Basin, is the iconic Moonie Oil Field – an important piece of Australian oil history with a great future. In addition, Bridgeport also owns numerous exploration permits, that cover an area of 1,016 km².

PL 1: Moonie Oil Field – 201 km² total, 100% interest

The first petroleum lease in Queensland, PL 1, is in southeast Queensland and is approximately 250 km southeast of Roma. Bridgeport (Surat Basin) Pty Ltd acquired the Moonie Oil Field from Santos in 2015. The 1961 Moonie-1 discovery well intersected oil within sandstones of the Precipice and Evergreen formations. Bridgeport operates and maintains the wells, oil tank storage, flowlines and evaporation ponds, while co-produced gas satisfies onsite fuel requirements. Large contingent resources have been identified as part of the company’s CO₂ enhanced oil recovery (EOR) project. Applicability of a miscible CO₂ injection project has been confirmed through dynamic simulation models. Bridgeport (at 83.3%) also operates the Cabawin Field in PL 1 (2) – 55 km², which contains undeveloped gas and liquids resources.

PL 15: Boxleigh – 259 km², 25% interest

Bridgeport Energy (QLD) Pty Limited holds 25% interest in PL 15, situated approximately 30 km south of the Surat Township, in south-eastern Queensland. The Showgrounds Sandstone is the primary gas reservoir in this part of the Surat Basin and the Permian Kianga Formation is a secondary gas objective. AGL Energy is the operator of PL 15.

ATP 608 / PCA 156: Rookwood – 153 km² total, 100% interest

The Rookwood Oil Field is on the western flank of the Surat Basin in southeastern Queensland. PCA 156 was granted to Bridgeport Energy (QLD) Pty Limited in 2017, as the sole interest owner and operator. The primary oil reservoir unit is the Boxvale Member of the Evergreen Formation and several satellite leads have been identified in the vicinity of the Rookwood Field.

ATP 805 / PCA 161: Donga – 152 km² total, 100% interest

ATP 805 and the overlying PCA 161 are situated approximately 48 km south of the Surat Township. Bridgeport Energy (QLD) Pty Limited is operator and holds 100% interest in the permit. The primary target of the Donga Oil Field is the Moolayember Formation and the 2015 3D Donga seismic survey identified additional oil potential to the Donga-3 discovery.