Speaker: Woodruf (Woody) Leel , Jr.
Subject: Cooper/Eromanga Basins, Queensland, Australia
Woodruff G. Leel, Jr., “Woody,” earned his Bachelor of Science Degree in Geology at Kansas State University. Prior to joining Triton Energy Ltd. in 1988 he worked for Getty Oil Company and several small independent oil companies exploring and developing oil and gas prospects in the domestic onshore USA. While at Triton Energy Ltd. he was Exploration Manager for all international exploration which included South America, Southeast Asia and New Zealand. After the discovery of the Cusiana and Cupiagua Fields in Colombia, South America he was Manager of Development Geology and represented Triton Energy Ltd. in the development of the two fields with partners BP, TOTAL and Ecopetrol. He also coordinated and monitored the exploration of the Joint Development Area (JDA) in the Gulf of Thailand by Carigali-Triton Operating Company (CTOC). After Triton discovered the Ceiba Field in Equatorial Guinea, West Africa he was involved in the development geologic operations of that field and other nearby discoveries. Since 2003 Mr. Leel has been a consulting geologist. Mr. Leel is a Certified Petroleum Geologist with the American Association of Petroleum Geologists, a former Board Member and current member of the Society of Independent Professional Earth Scientists, a licensed Professional Geoscientist in Texas and a member of the Dallas Geological Society.
The first oil & gas discovered in the Cooper/Eromanga Basins was 50 years ago. The West Flank oil play started in 2000. Prior to 2000 there were seven wells in the fairway with five of the seven finding live oil. From 2007 to 2015 there were 73 exploration wells drilled with a 40% success. There are 36 new field discoveries in the west flank fairway with world class reservoirs and an active water drive that exhibit 60-80% primary recoveries. 3D seismic with state-of-the-art processing has led to this success and continues to be the key driver. Discovery Energy Corp. has a 584,651 acre permit and has recently completed a 78 square mile 3D seismic survey on trend and adjacent to production in the West Flank Oil Fairway.