Abstract
Exploratory wells have been drilled in eight of Australia's fourteen sedimentary basins, and in only two of these basins have good showings of oil and gas been encountered. Active drilling in these two basins in late years has been disappointing. This failure to find oil in an area as large as the United States can not be attributed to a lack of enterprise or technical ability, for several large foreign companies during the past 10 years have spent large sums in the unsuccessful search for oil in Australia. It evidently is due to the absence of certain geological factors necessary to the accumulation of oil. The most obvious deficiency is the scarcity of sedimentary basins with a fair thickness of unmetamorphosed marine sedimentary rocks. Two or three basins on the west c ast which are exceptions to this generalization may yield some oil when they are adequately tested.
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