Oil and gas producer Senex Energy has swung into profits on the back of a 25% increase in revenues and a 40% increase in production during the six months to December, compared with the previous corresponding period.
Profits after tax for the interim period has been reported at A$1.5-million, up from a loss of A$4.5-million in the previous corresponding period, while underlying profits after tax increased from A$1.4-million to A$2.7-million.