Senex Energy Limited
(ASX:SXY) has completed its drilling program for the 2015 financial year, with no additional wells spudded during May. The Company has drilled 13 wells in the South Australian Cooper Basin during FY15, adjusted from the original program of 26 wells. The drilling program was adjusted in response to the anticipated decrease in full year revenues as a result of the lower oil price environment.
Senex is currently finalising its forward work program for FY16 across its portfolio of growth projects, and will continue its disciplined approach to capital allocation. A market update will be provided on or before the release of the 2015 annual results on 25 August 2015.
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