Senex warns of profit hit

SENEX Energy has joined rival Drillsearch Energy in announcing it will take a haircut on its full year results by writing down the value of its Cooper Basin exploration assets, but the news could have been worse.

Senex warns of profit hit Senex warns of profit hit Senex warns of profit hit Senex warns of profit hit Senex warns of profit hit

Senex says it expects to take a non-cash impairment of around $70 million on its longer-dated Cooper Basin exploration assets.

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