SXY 1.59% $3.10 senex energy limited

ID has delivered: A (in principle agreed) very favourable RBL...

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  1. 1,360 Posts.
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    ID has delivered:
    A (in principle agreed) very favourable RBL facilty at sub 6% rates (albeit later than expected),
    Project Atlas was won by Senex in a tender process under his stewardship,
    Successfully renegotiated the BPT/Lattice JV free carry which has resulted in 10 free carry oil wells this financial year, with the first well finding oil,
    Gemba well has been successfully drilled under his watch and is being fracc'd - could be a gamechanger,
    The Jemena deal was also negotiated under his watch.

    WSG progress is the main/only blight but who is to say that ID had wanted to push ahead and it is th board who have been holding it back? Maybe this 16Tj deal was a compromise with the board so FID can move ahead.
 
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