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Senex Energy Limited
J.P. Morgan Shale Corporate Access Day
| Ian Dvies | Page 4 of 11 |
February 06, 2016
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"Senex Energy Limited"
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simple execution strategy 4 1. Grow the oil business to generate cash flow Targeting 700,000 bbls of oil (net) in FY12 Drilling 14 western flank exploration and appraisal wells in FY12, with excellent success rate to date Oil reserves upgraded in March 2012 2. Appraisal and development of Surat Basin CSG Focused appraisal plan to maximise reserves Pilot program planned for FY13 to test deliverability 3. Unlock a world class unconventional gas resource Over 100 Tcf net Gas - in - Place resource Demonstrate technical feasibility and establish a large scale, cost competitive resource Sasanof - 1 to be fracture stimulated mid - may 2012 Talaq - 1 now drilling and coring