1 Introduction The craton is a relatively stable continent block which is covered by thick sediments forming significant petroliferous basins and groups of great oil and gas fields. Ivanhoe et al. (early 1990’s) indicated that about half of the 509 large oil and gas fields in the world were related to craton basins (Ivannoe and Leckie, 1993). Mann et al. (2001) suggested that 54.7% of the 592 large fields were developed in the cratonic sag basins and about 30% located in the rifts and depres…