Senex in Australia success

Australia

BRISBANE, December 18, 2018 – Senex Energy has successfully tested a gas exploration well in the Cooper Basin in South Australia, the company announced on Monday.

The Gemba-1 well flowed 227,000 cubic metres (8 mcf) of gas per day over a period of a week, the company statement added.

“Senex is delivering on its strategy to become a material supplier of gas to the east coast market, and this Cooper Basin gas discovery adds another potential supply source from our growing portfolio,” Ian Davies, the company’s managing director and CEO, said. “With potential for further upside through near field exploration and a new gas play in the Dullingari group, the Cooper Basin continues to play an important role in our growth strategy.”

Senex is the operator of PEL 516, the licence where the well was drilled, with a 100% stake.