Senex, Beach JV makes oil discovery in Eromanga basin

Sept. 12, 2014
A joint venture between Senex Energy Ltd. and Beach Energy Ltd. has made an oil discovery in its Martlet-1 wildcat in the Eromanga basin of South Australia.

A joint venture between Senex Energy Ltd. and Beach Energy Ltd. has made an oil discovery in its Martlet-1 wildcat in the Eromanga basin of South Australia.

The find, made in the Mesozoic age Namur Sandstone in permit PEL 104, intersected 6 m of net oil pay at 1454 m below the surface.

It is the first oil discovery in the permit and confirms the extension to the north of the play that has previously contained oil at fields such as Bauer, Callawonga, and others further south.

Martlet-1 also demonstrates the worth of the oil program in the Western Flank of the Cooper-Eromanga basin in South Australia.

Senex is operator of PEL 104 with 60% interest. Beach has the remaining 60%.