Senex developments add to reserves

ASX-listed Senex Energy has reported a 21% increase in the Surat Basin 2P gas reserves, which is now estimated at 739 PJ, following the successful delivery of the company’s natural gas developments in the region.

“The 2020 financial year was a year focused on successful execution of our A$400-million Surat Basin developments, which delivered outstanding project delivery performance, continued gas production outperfmance, and now material upgrades in booked natural gas reserves,” said Senex MD and CEO Ian Davies.