The Magallanes Basin or Austral Basin is a major sedimentary basin in southern Patagonia. The basin covers a surface of about 170,000 to 200,000 square kilometres (66,000 to 77,000 sq mi) and has a NNW-SSE oriented shape. The basin is bounded to the west by the Andes mountains and is separated from the Malvinas Basin to the east by the Río Chico-Dungeness High. The basin evolved from being an extensional back-arc basin in the Mesozoic to being a compressional foreland basin in the Cenozoic. Rocks within the basin are Jurassic in age and include the . Three ages of the SALMA classification are defined in the basin; the Early Miocene Santacrucian from the Santa Cruz Formation and Friasian from the Río Frías Formation and the Pleistocene Ensenadan from the .