SXY 0.00% $4.60 senex energy limited

Ann: Construction begins at Roma North gas development, page-8

  1. 4,740 Posts.
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    SXY have indicated that the processing plant will be functional June 2019

    and we will be drilling 110 wells back to back from Q3 2019 (Jan-Mar 2019).

    I researched SXY's acreage in WSGP shown below - PL1024, PL1022, PL1023
    We have booked 425PJ from these, and drilling of the wells above is only from PL1022 + Atlas


    SXY WSGP.JPG

    Below is reserves (PJ) from nearby fields
    SXY Reserves.JPG

    Does show we are in the sweet spot, and could see reserve upgrades from further exploration in the area. (PL 407 has 498PJ, and we have only booked 425PJ over a much larger area)

    Hopefully, means when we drill those next WSGP - they produce nicely for us.

    Next step is to find production rates fron Santos and APLNG from nearby PLs

    Hopefully, our patience will pay off upon commencement of these 110 wells!
    Last edited by tt2000: 13/11/18
 
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