Under the terms of the Roma North agreement, Jemena will procure and install two additional compression units to increase capacity, having already placed orders for all long-lead items.
Senex will drill up to 15 additional natural gas wells commencing in late 2021, and install gas and water gathering systems and expand the existing Roma North water infrastructure. The natural gas production from the Roma North expansion will continue to be delivered to Gladstone LNG under a 15-year gas sales agreement.
SXY Price at posting:
$3.49 Sentiment: Hold Disclosure: Held