ASX Announcement Coring program to commence at Sasanof-1 unconventional gas well

Release Date: 19 January 2012

Senex Energy Limited (Senex) advises that work is proceeding on schedule with unconventional gas exploration well Sasanof-1 in South Australian permit PEL 516 (Senex 100%) with an extensive coring program set to commence this week.

Century Rig #3 has reached a depth of 2,198 metres and is setting 7" casing prior to commencement of coring works.
Coring services have been mobilised and preparations are underway to begin a comprehensive program that will involve approximately 160 metres of core being cut through the Roseneath and Murteree shales. Additionally, 70 metres of selected coal and tight sand intervals will be cored from the Toolachee and Patchawarra Formations.
A full suite of shale gas testing will be performed on the Roseneath and Murteree core samples including: