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$3.10 senex energy limited

Thabk u..that backs up and clarifies what I was told by a...

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stayer

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14/08/18

07:47

Post #: 34914231
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Originally posted by rollacoaster ↑

G12mo has always had doubts, trouble is that Senex keeps ticking all the boxes he is going to run out of things to doubt.

Seriously though have a look at the detailed maps Senex put out in the latest quarterly or Reserves statement for Atlas, have a look at how many wells have been drilled hard up against the Atlas border and tell me it is not in a good spot and is not extremley derisked - particularly the north/western half.

The (south) eastern side may not be as sweet as it is not derisked and as such they haven't booked reserves accordingly.

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Thabk u..that backs up and clarifies what I was told by a driller some yesrs ago... . and that was that the leases to the south east from wandoan west would taper off

SXY Price at posting: 48.0¢ Sentiment: Hold Disclosure: Held
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