The results of the seismic surveys recorded during 1963 and 1968 for Marathon Petroleum and Crusader Oil in the Laura Basin, north Queensland, have been reinterpreted. Seismic reflections which dip almost continuously from 0.6 to 4.0 seconds reflection time may come from the base of and within an 8000 m sequence of Permo‐Carboniferous sediments, which may underlie the flat‐lying Mesozoic Laura Basin sediments and overlie the heavily folded Carboniferous‐Devonian sediments in the Hodgkinson Basin. Further seismic investigation of this area is recommended since a thick Permo‐Carboniferous sedimentary section here could be prospective for hydrocarbons.