Key points
- Drilling program for FY14 completed on schedule with 30 oil wells drilled in the Cooper-Eromanga Basin by 30 June 2014
- Tornado-1 exploration well in PEL 111 plugged and abandoned. Encountered excellent Birkhead sands but failed to intersect hydrocarbons
- Sabre-1 exploration well in PEL 111 to be drilled in July 2014
OIL EXPLORATION, APPRAISAL AND DEVELOPMENT
Senex Energy Limited (Senex, ASX:SXY) and its joint venture partners have completed the planned 30 well drilling program for FY14. Details of the oil drilling program for FY15 will be announced prior to the release of the annual financial results, with the first well, the Sabre-1 exploration well, to be drilled during July.
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