Agree entirely,
This is very good news. And sane news. Just recently they advised they were going to make the best use of their opportunities.
With oil heading higher this is very sensible news. Unconventional can wait forever as far as Senex is concerned.
I read today that South Koreas's LNG imports are soaring. And Middle East tension has upped the price of crude oil but it is going to go up anyway.
Not enough investment in the last 3 plus years.
Well done Senex. A sensible outcome.
SXY Price at posting:
42.5¢ Sentiment: Buy Disclosure: Held