Press

Senex Energy: Monthly Drilling Report, May 2018


During the month of May, Senex completed drilling on the Gemba-1 gas exploration well in the South Australian Cooper Basin, concluding the drilling program for FY18.

Gemba-1 gas exploration well (PEL 516: Senex 100% and operator)South-west Cooper Basin, South Australia

The Gemba-1 gas exploration well is located on the south-west margin of the Allunga Trough, a proven gas fairway, approximately 37 kilometres south west of the Moomba Oil and Gas Processing Facility (see figure 1).

Designed to evaluate the gas potential of the low-permeability intra-Patchawarra sandstones, the well successfully intersected gas in the target zones with volumes ahead of pre-drill expectations. The well was extended to a total depth of 2,795 metres (from 2,685 metres) given encouraging gas shows in the Dullingari group, representing a potential new gas play.

Senex is currently developing a fracture stimulation and testing program for the evaluation of Gemba-1, targeted for early FY19.

DRILLING FOR THE MONTH ENDED 31 MAY 2018

Well details

Working interest *Operator

page1image170374448

Status of operations

Horizon targets

Gemba-1

PEL 516 Exploration well South Australia Cooper Basin

SXY*

100%

page1image170400640

Report time: 1200 (CST) 01/06/2018Spud date: 23/04/2018
Current depth: 2,795 metres MDTarget depth: 2,685 metres MDActivity: Cased and suspended

Intra-Patchawarra Formation

page1image170421280


page2image171113824



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