Project Profile
Location: Southern Cooper-Eromanga Basin, South Australia
Production: 1,200 barrels per day (only from Dunlop-1 exploration well)
Drilling Depth: 1,469 metres
Exploration start-up: 2013
Senex Energy Limited has delivered a significant new oil discovery with the Dunlop-1 exploration well in southern Cooper-Eromanga Basin permit PEL 113 in South Australia. Senex Energy Limited is the operator with 100% interest. Wireline logs have confirmed a net pay interval in the McKinlay Member of approximately 10 feet (3 metres) and a subsequent drill stem test has resulted in oil free-flowing to surface at a rate of 1,200 barrels per day. An interpreted net pay interval of up to 30 feet (9 metres) in the Murta Formation will be tested by further drill stem tests in the coming days. Dunlop-1 will be cased and suspended as a future oil producer and will be brought on production this quarter. The success of Dunlop-1 further confirms the opportunity to add reserves and increase oil production across Senex’s extensive South Australian Cooper Basin permits from the current 30 plus well drilling program. Ensign Rig 48 commenced drilling Dunlop-1 October 1st 2013 and reached a total depth of 1,469 metres. Rig 48 will now move to the Pirraminta-2 exploration well in PEL 514.
Operators:
Senex Energy Limited: Operator with 100% interest
Contractors:
Ensign Energy Services Inc: Drilling services contract using the Ensign Rig 48