Delivering the Senex strategy Ian Davies, Managing Director RIU Good Oil Conference Fremantle, 4 September 2012
Material asset position in conventional oil, unconventional gas and coal seam gas 3
Strong business fundamentals Strong and growing independent Cooper Basin oil business 2011/12 net oil production of over 600,000 barrels Targeting net production of one million barrels of oil for 2012/13 (up 66% on 2011/12) with more…
Senex share price continues to outperform 300 Share price performance 1 July 2011 to 31 August 2012, rebased 235% 200 100 97% 31% 16% 14% 0 (6)% (6)% (16)% (17)% (24)% -100 1-Jul-11 1-Aug-11 1-Sep-11 1-Oct-11 1-Nov-11…
A focused and compelling strategy 1. Grow the oil business to generate cash flow Record production in 2011/12 Successful exploration and appraisal in 2011/12, with substantial oil reserves upgrade achieved in April 2012 Targeting one…
with excellent success to date on all key metrics 7
Oil production generating solid cash flows Strong oil pricing (Brent) High net back of A70 per barrel1 Major land position with operatorship Net 2P oil reserves of 8.1 mmbbl with peak production of over 6,000 bopd Fast drill and…
...following a year of strong project execution and delivery in 2011/12 2011/12 Production 2011/12 production of over 600,000 net 250 3,000 barrels of oil despite weather impacts Eight successful appraisal and 2,500 development wells…
Production and cash flow growth to continue in 2012/13 Annual Oil Production 2012/13 production target of 1,200 one million net barrels of oil, 66% on 2011/12 result 1,000 Western flank oil fields to contribute full year…
with extended western flank exploration footprint 20+ well drilling campaign in the western flank and its northern extension Mixture of exploration and appraisal drilling Seismic programs planned to extend existing 3D coverage…
Unprecedented domestic and LNG demand provides Senex a major supply opportunity Domestic growth in gas consumption fuelled by gas fired power generation LNG provides material additional demand and access to oil-linked pricing…
Strategically located coal seam gas assets in the Surat Basin in Queensland Permits adjacent to Gladstone LNG project CSG developments 2011/12 work programs successfully targeted material reserves upgrades Upgrades announced in May…
Over 1.2 million acres of prospective Cooper Basin unconventional gas acreage Strong potential across multiple permits in both the north and south of the South Australian Cooper Basin Close to existing gas infrastructure PEL 516:…
Material unconventional gas potential across tight sands, shales and coals Tight sands Toolachee, Epsilon and Patchawarra tight sand / coal sequences Basin centred gas plays North American analogues Shales Thick, mature Roseneath…
Senex achieves successful 2011/12 unconventional gas exploration program Focused exploration program in PEL 516: Detailed desktop studies: Historic wells in surrounding area, with North American analogues reviewed Vintage Crop-1…
Sasanof-1 production testing continuing Sasanof-1 large scale fracture stimulation successfully completed Fracture stimulation intervals in both Roseneath and Murteree shales Two fracture stimulation intervals in Patchawarra tight…
Building momentum in Senexs unconventional gas business 12 well campaign planned Pilot over 18 months following Exploration Appraisal Testing early success at Sasanof-1 and Talaq-1 Resource definition Deliverability Commerciality…
2012/13 strategic priorities through a fully funded work program Conventional oil Build on the momentum of 2011/12 to strengthen the oil business and grow production Maturation of western flank oil fields, focusing on exploration and…
Registered Office Telephone Level 11, 144 Edward Street +61 7 3837 9900 GPO Box 2233 Email Brisbane Queensland 4000 Australia infosenexenergy.com.au
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