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Petroleum Exploration Opportunities in Jeanne d'Arc Basin , Call for ...

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3. Geology Overview of the Mesozoic<br />

Grand Banks and Environs<br />

• About a dozen Mesozoic bas<strong>in</strong>s, subbas<strong>in</strong>s, , trough and sedimented<br />

ridges are petroleum prospective on the Grand Banks and environs<br />

• They all <strong>for</strong>med dur<strong>in</strong>g breakup of Pangea and subsequent Atlantic<br />

Ocean open<strong>in</strong>g<br />

• The area is dom<strong>in</strong>ated by extensional tectonics and complicated by b<br />

salt tectonics and transtensional movements<br />

• All <strong>in</strong>gredients <strong>for</strong> petroleum <strong>for</strong>mation and accumulation <strong>in</strong> large<br />

structural, stratigraphic and comb<strong>in</strong>ation traps exists <strong>for</strong> the bas<strong>in</strong>s b<br />

that preserve the Late Jurassic high TOC/ high HI source rock<br />

• In other Grand Banks bas<strong>in</strong>s the existence of a viable petroleum<br />

systems rema<strong>in</strong>s to be proven<br />

• Areas of petroleum potential extend from the shallow waters of the t<br />

Banks <strong>in</strong>to the deeper waters of the cont<strong>in</strong>ental slope, as well as to<br />

ultra-deep<br />

deep-water areas such as the Orphan and Laurentian bas<strong>in</strong>s<br />

• For now, <strong>Jeanne</strong> d’Arc d<br />

is the only oil proven and produc<strong>in</strong>g bas<strong>in</strong><br />

<strong>in</strong> the area Enachescu, NL DNR 2009

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