Drilling - Senex

Senex have until Tuesday to drill, or commence drilling in the Cooper Basin. See paragraph from Tellus website below

Tellus holds a 50% interest in what was previously PEL105 (see below) in the highly prospective Cooper Basin in South Australia. The other 50% interest is held by Senex Energy Ltd.(SXY). As part of a farmin agreement Senex Energy Ltd has a contractual obligation to drill a well in PEL 105 on or before 30 September 2014. This well will be drilled totally at Senex Energy Ltd's expense and risk. The 50% interest held by Tellus will then reduce to 30% and Senex's interest will increase to 70%.

Hopefully get some news on this tomorrow. Could have this and the CMP drilling at the same time??

cheers

doyle