Ediacaran fossils were discovered on the station in 1985, and in 2016, two-thirds of the property was sold to the Government of South Australia, to become part of the Nilpena Ediacara National Park when proclaimed in 2021.
[5] Matheson still owned the property in 1926, along with neighbouring Warrioota Station, which together occupied an area of 350 square miles (906 km2).
[12] In January 1948, Colin Matheson of "Wilpena Station, via Quorn", was critically injured in a car accident in Adelaide.
[14] Some time prior to the 1980s, Nilpena was fully converted into a cattle station, and the Fargher family acquired the property.
[18] In 2016, the Government of South Australia purchased two-thirds of Nilpena Station from the Fargher family, in order to enlarge Ediacara Conservation Park and to include land on which some of the valuable fossils were found.
Ross and Jane Fargher, who have been working for seven years with Jason Irving, head of the national parks program, are acting as caretakers of the fossil beds until a ranger is appointed.