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BEACH ENERGY LIMITED — Capital/Financing Update 2012
Jan 8, 2012
64558_rns_2012-01-08_afd1b0dd-ee41-46bb-9756-780b381b0bb4.pdf
Capital/Financing Update
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ASX Announcement
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Senex continues Cooper Basin western flank drilling program with the spudding of Growler-7
Release Date: 9 January 2012
Senex Energy Limited (Senex), as Operator for the PRL 15 joint venture, advises that the Growler-7 appraisal well commenced drilling on 5 January 2012.
Ensign rig #48 is currently setting surface casing after drilling to a depth of 654 metres.
Growler-7 is the fifth well in the joint venture’s 11 well drilling program in PRL 15 and PEL 104, comprising five appraisal wells and six exploration wells targeting the highly prospective Birkhead channel play on the western flank of the South Australian Cooper Basin.
The well is located on the western limb of the Growler oil field, 600 metres to the west of the Growler-1 discovery well and 600 metres southwest of Growler-3.
The Growler-7 appraisal well will seek to extend the mid-Birkhead channel reservoir encountered in the eight Growler wells drilled to date. Seven of these wells are now on production, following the commencement of the successful Growler-9 well on 6 January 2012.
Ensign rig #5 is currently mobilising to the successful Growler-11 well to complete for production.
Senex holds a 60% interest in PRL 15 and is Operator of the joint venture, with the remaining 40% interest held by Beach Energy Limited.
For further information contact:
Ian Davies Managing Director Senex Energy Limited Phone: (07) 3837 9900
Senex Energy Limited ABN 50 008 942 827
Head Office Level 11, 144 Edward St, Brisbane Qld 4000 GPO Box 2233, Brisbane Qld 4001
T +61 7 3837 9900 F +61 7 3837 9999
[email protected] senexenergy.com.au
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ASX Announcement
Figure 1: Growler-7 well location
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Senex Energy Limited Head Office ABN 50 008 942 827 Level 11, 144 Edward St, Brisbane Qld 4000 GPO Box 2233, Brisbane Qld 4001
T +61 7 3837 9900 F +61 7 3837 9999
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senexenergy.com.au