Packers Plus and Senex Energy Successfully Complete Hornet-1 well in Australia

DUBAI, UAE, June 11, 2013 /PRNewswire/ --

Packers Plus Energy Services Inc. has successfully completed a high pressure vertical well in the Cooper Basin of South Australia for Senex Energy.

"This was a cased, vertical proof-of-concept well that was so successful it led to the discovery of a new gas field," said Mark Rivenbark, Packers Plus Director, Eastern Hemisphere. Senex announced on May 15, 2013 that the new Hornet field contains up to 2.9 Tcf of prospective resource.

Cahn Nguyen, Well Delivery Manager at Senex said "The Packers Plus StackFRAC^® system was very successful and saved us significant time and money and the team at Packers Plus were dedicated to working with us to achieve the best outcome possible. We will definitely consider using StackFRAC^® in future wells."

Packers Plus worked closely with Senex in the planning stages to ensure that the vertical StackFRAC^® system met all of their design requirements. This included detailed pre-job engineering calculations and run requirements performed by the Packers Plus Technical Services Engineers.

"Preparation before the job was key," said Cameron Radtke, Packers Plus Technical Services Manager, Eastern Hemisphere. "This well required a completion that could withstand 350°F and 15,000psi. Integral to installation success was teamwork and the combined skills of Senex and Packers Plus, which saw the seamless installation of equipment, and stimulation of the well, in a remote and logistically challenging environment."

This latest operational success with Senex builds on experience to date in Australia and further outlines the capabilities of Packers Plus in the emerging Australian Shale and natural gas market.

About Packers Plus and StackFRAC
Packers Plus is the innovator of open hole multi-stage fracture stimulation systems and is an industry leader in designing and manufacturing innovative solutions for a variety of completion challenges. Packers Plus has run over 11,650 completion systems accounting for over 146,200 fracture stages since the company started operations in 2000.

Today, Packers Plus has employees in 37 offices in the United States, Canada, and across the globe. With international offices servicing Africa, Asia, Europe, the Middle East, China, and Latin America, Packers Plus has experience in key markets throughout the world.

About Senex Energy
Senex has a thriving oil business and holds an impressive acreage position in Australia's largest onshore energy precinct - the Cooper Basin. Following successful exploration in 2011/12 the company has achieved significant growth in oil reserves and production. Senex is an early mover in Australia's unconventional gas industry and has already delivered encouraging results from its targeted unconventional (and conventional) gas exploration program in the Cooper Basin.

Packers Plus^® and StackFRAC^® are registered trademarks of Packers Plus Energy Services Inc.

For further information:
Mark Rivenbark
Director, Eastern Hemisphere
Packers Plus Energy Services Inc.
Phone: +971-4-328-9998
Cell: +971-50-552-7183
mark.rivenbark@packersplus.com 

Lynette Lefsrud 
Marketing and Communications Director 
Packers Plus Energy Services Inc.
Phone: +1(403)263-7587 
Cell: +1(403)616-6079 
lynette.lefsrud@packersplus.com