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EXPLORATION

Senex targets shale, 700,000bbl oil

SENEX Energy will target 700,000 barrels of oil in the 2011-12 financial year, with dedicated shale wells to test the prospectivity of PEL 516 on the menu.

James McGrath
Senex targets shale, 700,000bbl oil

The company said it had been impressed by the results of Vintage-1 in the Cooper Basin, which targeted a shale resource, and had subsequently decided to drill three dedicated shale gas wells on the permit....

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