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  • The Palaeoproterozoic Fraynes Formation in the Birrindudu Basin is a chronostratigraphic counterpart to the highly prospective Barney Creek Formation in the McArthur Basin. However, there is limited understanding of its source potential in comparison. As part of Geoscience Australia’s Exploring for the Future program, this study aims to assess the hydrocarbon generating potential and shale gas prospectivity of the Fraynes Formation in the exploration drillhole Manbulloo S1 through the reconstruction of original source-rock generating potential and well log interpretation. Internal units inside the Fraynes Formation were defined according to sedimentary facies. The hydrocarbon generation potential was estimated using the original TOC content, hydrogen index and thermal maturity data. The shale total porosity was re-interpreted from bulk density logs by removing the organic matter effect and adding organic porosity for the organic-rich shales. The water saturation was then updated accordingly. The maximum amount of generated gas of the organic-rich source rocks are 3969 Mcf/a-ft, 2769 Mcf/a-ft and 1912 Mcf/a-ft when assuming the kerogen compositions of 100 Type I, mix of 50-50% Type I and II, and 100% Type II, respectively. The richness of organic matter and interpreted water saturation (<100%) imply favourable shale gas prospectivity in the Fraynes Formation. This work expands our knowledge on the unconventional energy resources in the west of the greater McArthur Basin. Paper presented at the 2024 Australian Energy Producers (AEP) Conference &amp; Exhibition (https://pesa.com.au/events/2024-aep-conference-exhibition/)