COOPER BASIN – SENEX GEMBA-1 GAS WELL READY FOR PRODUCTION

August 30, 2019

Senex Energy has successfully completed the production test of the Gemba-1 gas exploration well in the Cooper Basin, enabling the well to be brought online by the end of 2019. The Gemba-1 gas exploration well (PEL 516: Senex 100%) is located on the southwest margin of the Allunga Trough in the Cooper Basin, five kilometres from existing infrastructure and approximately 37 kilometres south west of the Moomba processing facility. Following a seven-stage hydraulic fracturing program, a five-day production test was successfully completed in August 2019. Gemba-1 produced at a stable flow rate of 5 mmscf/day. Production logs show gas contribution from all of the seven stimulated zones and a condensate to gas ratio of approximately 14 barrels per million standard cubic feet of gas. Gemba-1 is expected to be tied into the Santos operated gas gathering network in late 2019, with processed sales gas to then be sold into the domestic South Australian market. Senex received a PACE Gas Grant of $5.26 million from the South Australian Government to progress the Gemba project. Managing Director and CEO Ian Davies said the production test confirmed Senex’s views on this exciting Cooper Basin gas discovery. “Test results have proved very encouraging and we are now focused on bringing this gas discovery into production. “We will see new gas supply from the Gemba field delivered to the South Australian market by the end of 2019, and we look forward to fully appraising the extent of the Gemba field”, Mr Davies said.
(Source: Senex Energy – Image: Drilling in the Cooper Basin)