Senex Energy Limited (Senex, ASX:SXY) expects to recognise a non-cash impairment charge of $61 million after tax in its 2015 half year accounts.
The carrying value of assets has been assessed as part of the half year review process. Non-cash impairment charges are expected to be recognised on certain of the Company’s Cooper Basin oil assets, reflecting the lower oil price environment. The Company’s effective tax rate for the period will be approximately 22%.
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