WORLD

Senex returns to growth through Cooper Basin

SENEX Energy has returned to year-on-year growth with a 35% increase in 2P reserves and a 61% increase in sales revenue in for the year ending June 30, largely thanks to its Beach Energy joint venture in the Cooper Basin.

Paul Hunt
Worker at Senex rig.

Worker at Senex rig.

  The company recorded EBITDA of A$40.3 million, a dramatic increase of 495% from the previous year which stood at $7.3 million.    A recovering oil price and domestic demand for gas saw Senex push...

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