Senex protects bottom line

SENEX Energy has had a change of heart, and despite telling Energy News just 10 weeks ago that investors don't much like hedging and that Senex wasn't warm on the idea, the Cooper Basin producer has just entered into only its second hedging contract, indicating it believes oil prices will be lower for longer.

Senex protects bottom line Senex protects bottom line Senex protects bottom line Senex protects bottom line Senex protects bottom line

The company undertook its first hedging in December in a bid to protect itself against downside risk by securing a floor price for oil sales from January to June 2015 through a combination of put

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