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2,345 Posts.
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14/11/18
23:58
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And closer to home, domestic gas was $9.45/GJ for September quarter.
Gas prices are rising and Senex is ramping up to 48TJ/day (3mmboe) in addition to the existing 1mmboe
That's revenue from gas sales of $0.5 million per day.
I have seen a report that the all-in break-even cost for the Surat (including capital) is around $6GJ/day - that still achieves an IRR of 10.0%
The big driver for Senex and shareholder wealth is the domestic gas price (not POO)
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