Click here to view the PDF page-by-page. There are risks with Roma North, despite the progress being made. The company achieved improved financial results, increased production and has built great momentum towards establishing Senex as an important east coast natural gas producer. Senex Energy reported net production of 308,000 barells of oil equivalent for the quarter, -8% below the March quarter and -21% below the broker's forecasts. We have a 30 year history and diverse portfolio of onshore assets, strategically positioned in Queensland and South Australia. March 2020 Quarterly Report… Brisbane Queensland 4000, Australia. Appendix 4E and FY20 financial report . The consensus target is $0.433, signalling 20.4% upside to the last share price. Targets range from $0.36 (Ord Minnett) to $0.55 (Macquarie). The company has an integrated plan for its Queensland gas projects, expecting to complete the entire drilling campaign by mid 2020. The year continues to go well for Senex Energy as it successfully expands its gas acreage in Queensland. Brokers are lapping over recent drilling results which show strong earnings/cashflow generated by Cooper oil as well as significant upside in its unconventional gas. The company achieved improved financial results, increased production and has built great momentum towards establishing Senex as an important east coast natural gas producer. The company was awarded the Artemis block at a recent tender. Revenue was softer because of a higher proportion of gas sales. Subscribe to Senex announcements and news. At Project Atlas, drilling will commence next month with further sales gas expected by the end of the year. The company's appeal in Credit Suisse's view, lies in its uncontracted gas supply position which could likely to benefit from higher gas prices, while new acreage is unlikely to be a near-term catalyst, hence no value is attributed to Artemis in the near future. 13 October 2020. You can also download the report using the icon at the top left hand corner of the viewing pane above. June 2020 Quarterly Report. -Attractive outlook for Queensland gas projects but risks still exist Get the updates you want. 2019 Annual Report Senex is proud to present its 2019 annual report themed Transformation in motion. Senex is proud to present its 2020 annual report - Gas for Australian Industry. Senex is a small-cap oil and gas exploration company focused on Australia's Cooper Basin. -Senex Energy only required to cover exploration drilling at Atlas-Record Queensland gas production keeping spot prices low -Capital management likely the next major catalyst . Credit Suisse would like to witness shorter-duration contracts, so the company can gain further upside exposure as LNG spot prices recover from 2021. Find out why FNArena subscribers like the service so much: "Your Feedback (Thank You)" – Warning this story contains unashamedly positive feedback on the service provided. Brokers have flagged Senex Energy (ASX:SXY) as an emerging star in the oil and gas sector. 16 September 2020. All Rights Reserved. Senex Energy reported net production of 308,000 barells of oil equivalent for the quarter, -8% below the March quarter and -21% below the broker's forecasts.
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