SXY 0.00% $4.60 senex energy limited

Ann: March 2019 quarterly report conference call details, page-4

  1. Huz
    185 Posts.
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    Looking forward to this quarterly report, the most interesting item for me will be a update on the Gemba gas field.
    Below is a previous statement that Senex released and even at 15 billion cubic feet of gas (2,500,000 barrels of oil equivalent) its a massive money earner that doesn't seem to get much attention on this forum.

    -Preliminary interpretation of volumes indicates pre-drill estimate of 15 billion cubic feet of ultimate gas recovery may be exceeded. In Q3 FY19, Senex will undertake an extended production test across each of the discovered intervals to further assess the reservoir, deliverability and ultimate.
    e recovery of each zone. A development plan will be prepared based on test results, with potential for first gas sales by end of 2019.Results t date have been encouraging for further appraisal of the Allunga Trough, including new play potential of the Dullingari group.
 
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