The following provides an update on the Sprigg-1 exploration well located within PEL 514 in the South Australian Cooper Basin.
SPRIGG-1 EXPLORATION WELL
Total Depth: 2,472 metres (reached 20 October 2013)
Status: 7" casing and wellhead installed
Operations: Cased hole testing over four zones commencing on or about 9 April 2014
Participating Interests: Senex Energy Limited 80% (Operator), Planet Gas 20% (free carried)
In October 2013, the Ensign Rig 754 successfully intersected 6.3 metres interpreted net pay in the Murta Formation with hydrocarbon shows and fluorescence in the Hutton Sandstone, Tinchoo Formation and the Paning member.