Senex output continues to grow

ASX-listed Senex Energy has swung back into black during the six months ending December, after reporting an underlying net profit of A$1.4-million, compared with an underlying net loss of A$2.8-million after tax, compared with the first half of 2018.

Production was up 49% over the same period, from 374 000 barrels of oil equivalent to 557 000 barrels of oil equivalent, as gas production from the Roma North project area, in Queensland, increased by 33%.