ASX Announcement Senex continues Cooper Basin western flank drilling program with the spudding of Growler-7

Release Date: 9 January 2012

Senex Energy Limited (Senex), as Operator for the PRL 15 joint venture, advises that the Growler-7 appraisal well commenced drilling on 5 January 2012.

Ensign rig #48 is currently setting surface casing after drilling to a depth of 654 metres.
Growler-7 is the fifth well in the joint venture's 11 well drilling program in PRL 15 and PEL 104, comprising five appraisal wells and six exploration wells targeting the highly prospective Birkhead channel play on the western flank of the South Australian Cooper Basin.
The well is located on the western limb of the Growler oil field, 600 metres to the west of the
Growler-1 discovery well and 600 metres southwest of Growler-3.
The Growler-7 appraisal well will seek to extend the mid-Birkhead channel reservoir encountered in the eight Growler wells drilled to date. Seven of these wells are now on production, following the commencement of the successful Growler-9 well on 6 January 2012.
Ensign rig #5 is currently mobilising to the successful Growler-11 well to complete for production.
Senex holds a 60% interest in PRL 15 and is Operator of the joint venture, with the remaining
40% interest held by Beach Energy Limited.

For further information contact:

Ian Davies Managing Director Senex Energy Limited
Phone: (07) 3837 9900

Senex Energy Limited

ABN 50 008 942 827

Head Office

Level 11, 144 Edward St, Brisbane Qld 4000

GPO Box 2233, Brisbane Qld 4001

T +61 7 3837 9900 F +61 7 3837 9999

info@senexenergy.com.au

senexenergy.com.au

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ASX Announcement Figure 1: Growler-7 well location

Senex Energy Limited

ABN 50 008 942 827

Head Office

Level 11, 144 Edward St, Brisbane Qld 4000

GPO Box 2233, Brisbane Qld 4001

T +61 7 3837 9900 F +61 7 3837 9999

info@senexenergy.com.au

senexenergy.com.au

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Senex continues Cooper Basin western flank drilling program with the spudding of Growler-7