Senex Updates on Ethereal-1 Drilling in South Australia's Cooper Basin

Senex Energy Ltd., a Brisbane-based exploration and production company, provided Wednesday an update on drilling at the Ethereal-1 well in PEL 637 in South Australia's Cooper Basin.

Ethereal-1 gas exploration well (PEL 637: Senex 60 percent and operator, Origin Energy 40 percent)

The Ethereal-1 well is the second of two wells to be drilled in the southern Cooper Basin as part of Senex’s gas exploration program with Origin Energy. Both wells (Efficient-1 and Ethereal-1) are designed to evaluate material gas accumulations in the Permian section of the Allunga Trough.

Ethereal-1 reached total depth of 10,610 feet (3,234 meters) Jan. 2, and the results were on prognosis and in line with expectations. The results of Ethereal-1 also correlate to the hydrocarbon zones intersected in the Efficient-1 well. The joint venture has cased and suspended Ethereal-1 for fracture stimulation and production testing. Both wells were identified from the Bauhaus 3D seismic survey and are in close proximity to the Bauhaus-1 gas discovery.

In the northern joint venture area, Senex is continuing seismic interpretation to identify drill locations.

Senex is free-carried by Origin Energy for its share of expenditure.

Drilling for the Month Ended Dec. 31, 2015

  • Ethereal-1 Gas Exploration Well (PEL 637) in South Australian Cooper Basin
    • Participation: Senex - 60 percent, operator; Origin Energy - 40 percent
    • Status of Operations
      • Report time: 0600 (CST) Jan. 11
      • Total depth: 10,610 feet (3,234 meters)
      • Operations: Cased and suspended
      • Progress: 10,610 feet (3,234 meters)
    • Horizon Targets
      • Patchawarra, Toolachee, Daralingie, Epsilon and Tirrawarra Formations
         

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