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ACN 093 661 164
2 GRENFELL STREET, KENT TOWN SA 5067 Postal Address: PO BOX 108, KENT TOWN SA 5071
Tel: 08 8363 3311 Fax: (08) 8363 3399 Email: [email protected] Web: www.sapex.com.au
FOR IMMEDIATE RELEASE
15 May 2008
SAPEX awarded two new mineral Exploration Licences in St Vincent Basin.
SAPEX is pleased to advise that it has been awarded two new mineral Exploration Licences,
(EL), in the St Vincent Basin, immediately north of Adelaide.
The licences are:
EL 4147 Inkerman area, approximately 70 km NNW of Adelaide; 288 sq km
EL 4148 Walloway area, approximately 90 km SE of Pt Augusta; 173 sq km
Both of these ELs lie within Petroleum Exploration Licence (PEL) 120 in which SAPEX holds
a 100% interest. The ELs have been awarded for an initial term of one year but are
renewable.
The purpose of both licences is to explore for Coal Seam Gas (CSG) and Underground Coal
Gasification potential in the Tertiary age brown coal where internal studies have indicated the
presence of coal at varying depths below the surface.
Further information Contact
Andrew J Andrejewskis
Managing Director
08 8363 3311
[email protected]