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Senex battens down hatches for 'lower for longer'

SENEX Energy has responded to being savaged over concerns about its ability to fund its growth with a drastically reduced 2015-16 capital expenditure guidance this morning, focused on production to tide it over until things get better.

Senex battens down hatches for 'lower for longer'

Managing director Ian Davies told Energy News Senex is planning for a "lower for longer" oil price scenario over the next 18 months. Senex expects to invest between $15 million and $20 million in the...

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