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Senex Energy

Senex Energy’s Martlet-1 exploration well—located in PEL 104/111, on the western flank of the South Australian Cooper-Eromanga basin—encountered oil in the Namur sandstone reservoir at 1454 m. Subsequent evaluation logs indicate net oil pay of 6 m. The well was drilled by EDA Rig 3 to evaluate the potential of the Namur sandstone within an interpreted four-way, dip-closed structure. It reached a total depth of 2096 m and is being suspended and cased. Martlet-1 is expected to be placed on production in the fourth quarter of 2014. Senex (60%) is operator, with partner Beach Energy (40%).


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