Name of the Project
Project Atlas.

Location
The project is located south-east of Wandoan, in Queensland’s Surat basin, in Australia.

Project Owner/s
Senex Energy.

Project Description
Project Atlas is a top-tier resource that is expected to produce material volumes of gas for the Australian market. The primary objective of the development programme is to reach plateau production of 32 TJ/d, or about two-million barrels of oil equivalent a day, with an additional 8 TJ/d of installed redundant capacity available.

Maintenance wells will then be drilled on an ongoing basis to sustain plateau production.

Infrastructure operator Jemena plans to partner with Senex Energy on the accelerated development of the project. Under the agree­ment, Jemena will build, own and operate a gas processing facility with an initial capacity of 40 TJ/d and a 60 km pipeline to process and transport gas from Project Atlas through the Darling Downs pipeline to the Wallumbilla hub.

Potential Job Creation
The project is expected to create 100 jobs over the life of the project.

Capital Expenditure
A capital spend of A$220-million to A$250-million was approved in October 2018.

Planned Start/End Date
Delivery of first gas to the domestic market is scheduled for late 2019.

Latest Developments
The Queensland Department of Environment and Energy gave Senex approval to develop Project Atlas in January this year.

Senex is progressing the remaining regulatory approvals required by the Queensland government, with all environmental authority applications now submitted to the state.

Key Contracts and Suppliers
None stated.

On Budget and on Time?
Not stated.

Contact Details for Project Information
Senex Energy investor relations head Tess Palmer, tel +61 7 3335 9719.