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Deep seismic reflection surveys in north Queensland that were collected in 2006 and 2007 discovered a previously unknown sedimentary basin, now named the Millungera Basin, which is completely covered by a thin succession of sediments of the Jurassic–Cretaceous, Eromanga-Carpentaria Basin. Interpretation of regional aeromagnetic data suggests that the basin could have areal dimensions of up to 280 km by 95 km. Apart from regional geophysical data, virtually no confirmed geological information exists on the basin. To complement the seismic data, new magnetotelluric data have been acquired on several lines across the basin. An angular unconformity between the Eromanga and Millungera basins indicates that the upper part of the Millungera Basin was eroded prior to deposition of the Eromanga-Carpentaria Basin. Both the western and eastern margins of the Millungera Basin are truncated by thrust faults, with well-developed hangingwall anticlines occurring above the thrusts at the eastern margin. The basin thickens slightly to the east, to a maximum preserved subsurface depth of ˜3,370 m. Using sequence stratigraphic principles, three discrete sequences have been mapped. The geometry of the stratigraphic sequences, the post-depositional thrust margins, and the erosional unconformity at the top of the succession all indicate that the original succession across much of the basin was thicker–by up to at least 1,500 m–than preserved today. The age of the Millungera Basin is unknown, but petroleum systems modelling has been carried out using two scenarios, that is, that the sediment fill is equivalent in age to (1) the Neoproterozoic-Devonian Georgina Basin, or (2) the Permian–Triassic Lovelle Depression of the Galilee Basin. Using the Georgina Basin analogue, potential Cambrian source rocks are likely to be mature over most of the Millungera Basin, with significant generation and expulsion of hydrocarbons occurring in two phases, in response to Ordovician and Cretaceous sediment loading. For the Galilee Basin analogue, potential Permian source rocks are likely to be oil mature in the central Millungera Basin, but immature on the basin margins. Significant oil generation and expulsion probably occurred during the Triassic, in response to late Permian to Early Triassic sediment loading. Based on the seismic and potential field data, several granites are interpreted to occur immediately below the Millungera Basin, raising the possibility of hot rock geothermal plays. Depending on its composition, the Millungera Basin could provide a thermal blanket to trap any heat which is generated. 3D inversion of potential field data suggests that the inferred granites range from being magnetic to nonmagnetic, and felsic (less dense) to more mafic. They may be part of the Williams Supersuite, which is enriched in uranium, thorium and potassium, and exposed just to the west, in the Mount Isa Province. 3D gravity modelling suggests that the inferred granites have a possible maximum thickness of up to 5.5 km. Therefore, if granites with the composition of the Williams Supersuite occur beneath the Millungera Basin, in the volumes indicated by gravity inversions, then, based on the forward temperature modelling, there is a good probability that the basin is prospective for geothermal energy.

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The Georgina Basin is a Neoproterozoic to Lower Devonian sedimentary basin covering 325,000 km2 of western Queensland and the NT. It is a northwest-southeast-trending extensional basin, with prospective conventional and unconventional hydrocarbon targets in Cambrian and Ordovician carbonate and siliciclastic rock units. The unconventional gas and oil potential of the basin has led to recent exploration interest, although the basin has been relatively less explored in the past. At the southern end of the basin, depocentres contain up to 2.2 km of Cambrian to Devonian sedimentary rocks, overlying Neoproterozoic sedimentary rocks more than 1.5 km thick. The basin succession thins toward the north, where Cambrian sediments overlie the McArthur Basin sediments in the Beetaloo Sub-basin. Biostratigraphic interpretations of the prospective southern, central and eastern regions of the basin have been revised to reflect the 2012 Geological Time Scale (Gradstein, Ogg, Schmitz, and Ogg, 2012), resulting in an updated chronostratigraphic framework for the basin. The revised biostratigraphic interpretations have implications for important hydrocarbon source rocks. For example, the limestone unit in the southern parts of the basin, generally regarded as the Thorntonia Limestone, is of a different age to the type section for this unit, located in the Undilla Sub-basin. Additionally, the basal hot shale of the Arthur Creek Formation is diachronous across the Dulcie and Toko synclines, which may have ramifications for hydrocarbon exploration. This revised chronostratigraphic framework (by Geoscience Australia) for the Georgina Basin provides a baseline for the first basin-wide assessment of the unconventional hydrocarbon potential of the basin.