AUSTRALIA

Senex ticket has investors looking east

THE market appears to finally be waking up to the east coast gas crisis and the opportunities that it holds, which is bolstering the case for more Cooper Basin consolidation, as evidenced by Senex Energy's speeding ticket yesterday, the same day Beach Energy absorbed Drillsearch.

Senex ticket has investors looking east

As Senex sits on its hands - with this morning's monthly drilling reporting no activity for February and the statement that the oiler "will not be undertaking any drilling activity in the near future"...

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