Monday, October 30, 2017 4:30:18 PM
Recently, Senex drilled a discovery well on their PEL called “Hoplite-1” which is situated 2.5km from the
Maverick prospect within PEL 444. Depending on the well results, the Company may do additional
exploration work on PEL 444.
There is no one year work commitment under PEL 444 and the license expires on January 11, 2021. The
minimum one year work commitment under PEL 112 is to carry out geological and geophysical studies and
the license term expires on January 10, 2019. The Company plan
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