SXY 0.00% $4.60 senex energy limited

growler-11 oil development well successful

  1. gmt
    7,970 Posts.
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    Release Date: 4 January 2012
    Successful development drilling at Growler-11 in permit PRL 15 has confirmed the mapped limits in the eastern limb of the Growler oil field on the western flank of the South Australian Cooper Basin according to Operator of the joint venture, Senex Energy Limited (Senex).
    After reaching a total depth of 1,855 metres on 29 December 2011, the Growler-11 development well was cased and suspended as a future production well.
    Wire line logs confirmed the presence of a 10.1 metres gross oil column in the Birkhead Formation over the interval 1,735.8 to 1,745.9 metres with interpreted net oil pay of at least 7.7 metres. The well also indicates good connectivity to other wells in the Growler field.
    The Growler-11 well is expected to be brought online as an oil producer during January 2012.
    Growler-11 is the fourth well in the Joint Venture’s 11 well exploration and appraisal drilling program in PRL 15 and PEL 104, in the highly prospective Birkhead channel play on the western flank of the South Australian Cooper Basin.
    Ensign Rig #48 will now move to the Growler-7 appraisal well targeting oil production on the western limb of the Growler oil field in PRL 15.
    Senex Energy 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
 
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