Roundtable for Oil and Gas in SA

Neil Sutherland EGM Commercial and Corporate Affairs11 November 2019

• a growing Australian oil and natural gas explorer and producer

• operating in leading onshore energy regions: the Cooper and Surat basins

• listed on the Australian Securities Exchange, with a 35-year history

• ~190 employees with offices in Brisbane, Roma, Wandoan and Adelaide

About Senex

Roundtable for Oil and Gas in SA 11 November 2019 2

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The Cooper Basin

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Gemba-1 Discovery

Horizontal Drilling

Growler-15

Growler-16

Growler-17

Snatcher North Appraisal and Development

1. Snatcher North-2 (Appraisal)To potentially extend field to the North

3. Snatcher North-3 (Water Injector)Recover additional volumes from Snatcher North

2. Snatcher-12 (Water Injector)To increase recovery from SN-9 and SCN-1

Snatcher North-1

Snatcher-9

Snatcher-12

Snatcher North-1

Snatcher-9

Snatcher North-2

Snatcher North-1

Snatcher-9

Snatcher-12

Snatcher North-3

SN-9SN-12SNN-1SCN-3SCN-2SN-9SN-12SNN-1SCN-2 SN-9SN-12SNN-1

Snatcher North-1 Follow Up Wells

Producer

Injector

Producer

Injector

Producer

InjectorSnatcher North-2 Snatcher North-2

Westeros 3D seismic shoot

Summary

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• committed to South Australia and the ongoing development of our acreage in the Cooper

• Gemba gas well production supplied into the SA market shortly

• drilling campaign underway that could potentially unlock substantial resources

• starting the first phase of water injection to maximise field recovery

• hoping our latest seismic shoot will reinvigorate exploration in the western Cooper Basin.

• cash generated from capital intensive projects now will allow a return to a higher South Australia work program in the future.

Level 31, 180 Ann Street

Brisbane, Queensland, 4000 Australia

info@senexenergy.com.au

(07) 3335 9000 www.senexenergy.com.au