Senex Energy Ltd was awarded exploration licence PEL 639, located in the Cooper Basin, on 26 April 2018.Â  The permit has been awarded for a period of five years and will expire, or be eligible for renewal, on 25 April 2023.  Work commitments have been assigned for the duration of the permitâs validity, with the first four years a guaranteed work programme.Â  The work programme will include 300 sq km new 3D seismic and two wells in year one, an additional 275 sq km 3D seismic and six wells in year two, four wells in year three and one well in each of years four and five.  Senex applied for the permit after it was offered as block CO2013-A in the 2013 South Australian Acreage Release.Â  The block is located on trend with the western flank oil fairway proven to the north in Senex operated PEL 111 and PEL 104, along with Beach Energyâs PEL 91. The block has both conventional and unconventional rights attached to it, including rights to any shale gas discoveries.   PEL 639, which covers an area of 627 sq km, was awarded on 26 April 2018.Â  Senex Energy Ltd holds 100% interest and operatorship of the licence.
Australia, not found