Strategic rationale: Advancing our material exploration and production position in Australia’s leading onshore region.
Senex holds an extensive acreage position across the South Australian and Queensland Cooper Basin, with around 15,000 square kilometres considered prospective for conventional and unconventional (tight) oil. The Cooper Basin is regarded as a low cost producing region and is under-developed by world standards.
Our interests include the established western flank of the Cooper Basin, as well as north, south and east of the Moomba processing and transportation hub.
In collaboration with a number of joint venture partners, Senex is pursuing exploration, appraisal and development opportunities to grow its oil business.
Reserves at 30 June 2017