SXY 1.59% $3.10 senex energy limited

Ann: Trading Halt, page-32

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  1. 1,159 Posts.
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    Phase 3 of WSGP is suggested as 50 new wells which is meant to get gas production to over 16 TJ/day
    (~1 mmboe per annum) by 2019.
    That's NOT aggressive enough IMO , that's why I hope its the full $300m USD proposed by EIG.
    Allowing Senex to aggressive move WSGP forward AND at the same time get cracking on Atlas.
    As 16TJ = 1m BOE is just NOT juicy enough to capitalise on the East Coast Gas Shortage.
    Get cracking Senex !!! Lets hope the Debt Funding amount is the Full $300m USD and not $50m.
    As per the morgans research, once funding solution is behind us, this should take the hand brake off the SP and we can run up to my 52c target quickly.
 
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