new direction for ogy?, page-8

Senex Energy Limited (Senex, ASX: SXY) has identified up to 2.9 trillion cubic feet (Tcf) of prospective resource in a conventional stratigraphic reservoir, including 141 billion cubic feet (Bcf) of 1C contingent resource, in a new gas field named Hornet (refer Figure 1). The field is located less than 30 kilometres from the APA Group Moomba to Sydney gas pipeline.
Table 1 describes Senex’s net contingent and prospective resources (estimated recoverable gas, net of CO2 and fuel) identified within the same continuous stratigraphic trap in the Mettika Embayment in southern Cooper Basin permits PEL 115 (Senex 80% and Operator; Orca Energy Limited (Orca, ASX: OGY) 20%) and PEL 516 (Senex 100%).

So akt SXY is proven and conventional reservoir, albeit tight sands which is not uncommon for CB and compensated for by fact is onshore.