Senex Energy Limited (Senex) reports that the Sasanof-1 unconventional gas exploration well has produced at a peak gas flow rate of 178,000 cubic feet per day during post-stimulation clean-up activities and production testing.

Sasanof-1 was the first well in Senex's pioneering three well unconventional gas exploration program in the liquids rich southern Cooper Basin permit PEL 516(Senex 100%).

The hydraulic fracture stimulation of Sasanof-1 was successfully completed in late May 2012, with post-stimulation cleanup activities and production testing continuing.

Senex Managing Director, Ian Davies said that achieving a peak gas flow rate of 178,000 cubic feet per day during well clean-up activities is a very pleasing milestone.

'The progress to date from Sasanof-1 is very encouraging, and continues to underpin our confidence in proving up a material and world class unconventional gas resource in the South Australian Cooper Basin', he said.