SXY 1.59% $3.10 senex energy limited

Conference Call Summary, page-4

  1. 2,345 Posts.
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    hi @adam.s

    My previous concerns around the WSGP wells are just about covered - there was a reserve upgrade following the reservoir performance and ID states that the wells have "given SXY confidence to make an FID". I would still like to see the IRR so we can determine what sort of return on equity can be expected. I am hoping to see this in the outlook paper.

    As for the drilling - there are the 10 Western Flank wells happening, plus 15 for Atlas in Q3 - this is a good start. They mention 100 wells identified for Atlas / WSGP - I will be satisfied when I understand how many of these are being drilled and how quickly (the more, the happier I will be). Again, this will come in the outlook paper in the next 4-8 weeks.

    So yes, barring a low capex spend (in that outlook paper), I am confident we are poised for growth.
 
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