Senex Energy Ltd Reports Outstanding September Quarter 2019

Oil and gas exploration and production firm, Senex Energy Ltd (ASX: SXY) has released its quarterly report for the period ended 30 September 2019. During the quarter, the company’s net production grew to 337 kboe (Thousand barrels of oil equivalent), up by 9% on pcp.

The following are the key highlights of the report:

  • Project Atlas Observed first gas production.
  • Roma North production rate improved 40 per cent at >11 TJ/day.
  • Roma North gas processing facility commissioned on time and on budget.
  • Sale proceeds of $50 million received on completion of the sale of the Roma North gas processing facility.
  • Several milestones achieved at Project Atlas.
  • Exceptional Surat Basin drilling progress and outcomes.
  • Production test successfully completed at the Gemba-1 gas exploration well.

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