Senex Energy Limited (Senex, ASX: SXY) has drilled eleven wells of its FY15 drilling program in the South Australian Cooper Basin.MMartlet North-1 oil exploration well (PRL 1481: Senex 60% and operator, Beach Energy 40%
(ASX:BPT))
The Martlet North-1 oil exploration well reached total depth of 2,023 metres in early February, encountering 3.2 metres of net vertical pay in the target Namur zone. The well has been cased and suspended as a future Namur oil producer. The timing of a tie-in to the Martlet-1 infrastructure will be subject to field development planning over both fields to achieve the most economical development scenario.
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