SXY 0.00% $4.60 senex energy limited

Ann: Senex welcomes EIG as a substantial shareholder, page-12

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  1. 193 Posts.
    lightbulb Created with Sketch. 32
    Not sure why everyone is focusing solely on the SPP when this was mentioned (my most exciting point)​
    "EIG development funding of up to US$300 million for Western Surat Gas Project acceleration"
    So EIG are not only buying in with a very substantial stake, but they are going to provide funding for us to ramp up WSG development! All great news IMO and a very savvy deal from Ian. It's fairly obvious they are trying to speed this through as quickly as possible to take advantage of the east coast gas shortage! With funding fairly well sorted, surely there isn't much that can hold this back much longer barring another oil collapse!? Exciting times.. get the gas to market already

    GLTA​
 
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