Ladies and Gentlemen, thank you for your attendance today and your continued support of Senex Energy during a challenging period in the oil and gas sector.
As most of you are aware, this is my first AGM as Senex Chairman. I thank my fellow directors for their endorsement and appointment to the role. Some will say that my decision to join an explorer and producer is ill timed with such uncertainty in the market; however in my experience the only real certainty in this industry is that commodity prices will always fluctuate.
Experience also tells me that periods of uncertainty are periods of opportunity. The challenge is to ensure that we are able to define and manage the risks that will come with these opportunities.
Despite the turbulence, Senex has delivered a number of significant milestones over the last 12 months and remains financially resilient. Today I would like to reiterate my confidence in your company; in the quality of our assets, and in Senex’s resolve to execute its strategy for growth. I will revisit our response to the changed environment and why I remain optimistic about our future.
For further information please download PDF attached:
