Noosa Mining & Exploration Conference Project spotlight: Western Surat Gas Project Ian Davies, Managing Director and CEO Noosa, 17 July 2015 xxxx
Senex overview We are a growth focused oil and gas exploration and production company An Australian S&P/ASX 200 energy company Onshore oil and gas assets in Australias Cooper, Eromanga and Surat Basins Diversified portfolio of…
What differentiates Senex Drivers of value Senex operates the largest acreage position in South Australias Premier acreage Cooper Basin position in the SA Located within proven oil and gas fairways Cooper Basin Hosts a variety of oil…
Project spotlight: Western Surat Gas Project Resource Geology relatively well understood with reservoir performance to be tested through pilot testing Resource Encouraging peer results in neighbouring acreage Market Market Multiple…
Pathway to a material gas project Extensive exploration work already undertaken First wells drilled in the Surat Basin targeting low 2000-01 rank, high permeability coals Sunshine Gas completes exploration/development 2006-08…
Market opportunity Material long-term supply opportunity in a short market Unprecedented demand growth as a result Surat Basin market dynamics: of LNG projects coming online Both LNG and domestic participants looking Scarcity of…
Progress to date Setting the project up for success Milestones achieved since project kick-off in December 2014 : Progression of environmental approvals (completion of ecology survey, referral of the project under the EPA,…
Targeting low cost development Approach to planning for full field development Concept Select study has delivered initial surface facility design and planning recommendations Refinement of concept design and capex assumptions…
Pilot production testing Enhancing understanding of the reservoir Pilot locations to be brought online during FY16 Construction of water handling infrastructure, surface facilities, gathering lines and other associated…
Forward plan Achieving an investment decision on a material commercial gas project Assess Select Define FID Execute & Operate Demonstrate feasibility Select best full- Define Deliver (pilot testing) scale development selected…
Investment highlights Continued progression of long-tenure growth projects, with focus on capital allocation Clear strategic focus: maturing oil and gas exploration assets into production and achieving a material gas business…
Registered Office Level 14, 144 Edward Street GPO Box 2233 Brisbane, Queensland 4000 Australia Telephone +61 7 3335 9000 Web www.senexenergy.com.au Noosa Mining & Exploration Conference