Ann: Award of Project Atlas petroleum facility licence, page-133

Bit of a new broker note from Macq...

Macquarie rates SXY as Outperform (1) -Data from neighbouring wells west of Atlas suggest volumes are in line with the broker's modelling. The broker has downgraded its uncontracted east coast gas price forecast to account for weaker LNG prices, the recent performance of CSG fields and reduced exports.The broker believes Senex possesses a number of early development assets that could be attractive to end-users looking for vertical integration, including Gemba and Don Juan. Outperform and 50c target retained.Target price is $0.50 Current Price is $0.37 Difference: $0.13 If SXY meets the Macquarie target it will return approximately 35% (excluding dividends, fees and charges).Current consensus price target is $0.46, suggesting upside of 25.4% (ex-dividends)The company's fiscal year ends in June.