SXY 0.00% $4.60 senex energy limited

Ann: Non-cash impairment of Cooper Basin oil assets, page-12

  1. 455 Posts.
    lightbulb Created with Sketch. 137
    Why would they reclassify the reserves? Ridiculous. The charge is against insignificant non-core assets.

    You appear to have forgotten that the reserve upgrade was only announced a couple of weeks ago and incorporated the new lower for longer prices.

    To sum it up - IMMATERIAL.
 
watchlist Created with Sketch. Add SXY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.