Senex Energy (ASX:SXY) see quarterly production up by 35%

Company News

by Rachael Jones

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Last Updated: 27/02/2020 3:59 PM

Senex Energy's (ASX:SXY) production increased by a 35 per cent in the second quarter, boosted by a 72 per cent increase in gas production from continuing Roma North ramp-up and initial production from Atlas and the Gemba field.

Sales volumes were 25 per cent higher than the prior quarter, with oil sales volumes broadly flat and gas sales volumes up 61 per cent.


Sales revenue of $29.4 million was 23 per cent higher than the prior quarter and included a 64% increase in gas revenue to $9.7 million.
Shares in Senex Energy (ASX:SXY) are trading flat at 35 cents.
 

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.