ID tells it like it is:
Comments from Managing Director and CEO Ian Davies:
“This was a stand-out quarter for Senex as new gas molecules were delivered to the domestic market and gas production in the Surat Basin outperformed.
“We have now reached 20 TJ/day of gas production in the Surat Basin. With existing wells continuing to ramp and more new wells to be brought online in coming weeks, this growth trajectory is expected to continue.
“Production performance clearly demonstrated the quality and potential of our Surat Basin acreage, and the execution capabilities of the Senex team. We have significant running room ahead with 612 PJ of 2P gas reserves booked and more acreage to be appraised.
“In the Cooper Basin, completing the free-carry drilling campaign and interpretation of the Westeros 3D survey have provided a large inventory of material exploration and appraisal leads to pursue.
“Senex starts 2020 with most of its Surat Basin gas development program successfully delivered, gas production rates continuing to outperform and great progress in the Cooper Basin.
“We are delighted with our operational and production performance to date, and we look forward to continuing to deliver the potential of our Surat Basin assets.”
- Forums
- ASX - By Stock
- SXY
- Ann: December 2019 Quarterly Report
Ann: December 2019 Quarterly Report, page-3
-
- There are more pages in this discussion • 42 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SXY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
EL8
ELEVATE URANIUM LTD
Murray Hill, MD & CEO
Murray Hill
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online