The Mimas-2 core well reached a total depth in early December, with initial results from logs and drill stem tests showing net coal and permeability in line with expectations and similar to the quality of the Eos and Glenora blocks.
Core samples will undergo further testing ahead of a pilot program planned to be undertaken in the area later in 2018.
The Mimas-2 core well is located in ATP 795 in the Surat Basin in Queensland.
In December last year, Senex received Environmental Authority from the Queensland Government to develop the WSGP.
Representing a key milestone for the WSGP, Senex received approval to develop up to 425 wells with gas and water gathering networks, compression facilities and water management infrastructure.
Senex is expecting to receive all remaining state and federal regulatory approvals for the WSGP by the end of the FY18, including the grant of a petroleum lease.
The WSGP is located in ATP 795 and ATP 889 in Queensland’s Surat Basin, and is fully owned and operated by Senex.