Senex Energy Limited
(ASX:SXY) has met its output target for the full 2015 financial year.
The oil and gas group reported annual production increased 1 per cent to 1.39 million barrels of oil equivalent (mmboe), inline with guidance of between 1.36 mmboe and 1.41 mmboe.
Over the year sales revenue sank 32 per cent to $115.9 million on the back of lower crude oil prices.
Senex says it has taken a prudent and rapid response to the oil price environment with its capital program reduced, operating savings implemented and hedging put in place.
Senex Energy swung to a net loss of $65.89 million in the first half of the 2015 financial year.
