Senex Energy Ltd, through wholly owned subsidiary Stuart Petroleum, was awarded production licence PL 1022, located in the Bowen-Surat Basin, on 26 April 2018.Â  The licence has been granted for a period of 30 years and will expire, or be eligible for renewal, in April 2043.  The licence has been awarded as part of Senexâs Western Surat Gas Project, over the Glenora and Eos project areas.Â  During 2017, 30 appraisal and development wells were drilled at this part of the project.Â  Senex reported that it expects two further production licences to be granted in the near future as part of the project, in the western section.  PL 1022 was applied for in December 2016.Â  Senex reports that the awarding of the licence is another milestone in the development of the Western Surat Gas Project.  PL 1022, which covers an area of 230 sq km, was awarded on 26 April 2018.Â  Stuart Petroleum Cooper Basin Gas Pty Ltd holds 100% interest and operatorship of the licence.
Australia, PL(A) 1022