Some other probable key drivers of value Long term - Senex only...

Some other probable key drivers of value

Long term -
Senex only have 1/3rd of the acreage done with 3d

1Million acres they found 450 taregts. They still ahve 2million acres.
The encouraging thing is no one knows where the oil window stops because if you have a look at the 3d targets identified they go right to the edges of almost every permit. And in fact around six of the larger finds are near the edges.. No one expects them to go on forever, but if even a 3rd of those outlining areas are good we have another 150 leads and prospects of which a majority should be oil structural traps .

The development of a possible game changing unconventional gas field

Leverage of the acerage. They are currently self sustaining based on drilling 180,000 of 3million acres in the Cooper Basin...

Medium Term -
The Farm in from Origin
Increase in oil production and revenue
Development of a conventional gas field in the JV and others
Further farmin deals or accelerated development

Short term -
Another 6-7 Successfull wells in FY 2014 program
These wont put a rocket under it if the other 20 of 22 results havent yet woken the market up. But they will when the cash starts flowing in one of the quarterly results.

Hornet Testing in H1 2015