Senex Energy Limited (ASX:SXY) (FRA:UDB) (OTCMKTS:VPTOF) today released its independently assessed1 estimates of reserves as at 30 June 2021, reporting a 24% increase in Surat Basin 1P gas reserves to 261 PJ and a 290% reserves replacement ratio (RRR) on 2P reserves of 767 PJ (up 4%).
Senex Energy Limited
Senex Energy Ltd (ASX:SXY) (OTCMKTS:VPTOF) (FRA:UDB) is an established, rapidly growing and low-carbon Australian natural gas producer. Our long life Surat Basin assets contribute around 20 petajoules of natural gas per year into the east coast gas market to support our customers. Senex is focused on sustainably delivering balance sheet strength, resilient cashflows, growing dividends to support Australia's energy needs as it transitions to a lower carbon future.
Senex Energy Ltd (ASX:SXY) (FRA:UDB) (OTCMKTS:VPTOF) today announced it has introduced a dividend reinvestment plan (DRP) for shareholders.
Senex Energy Ltd (ASX:SXY) and Adbri Sign New Long Term Gas Sales Agreement to Support Manufacturing Operations
Senex Energy Ltd (ASX:SXY) (FRA:UDB) (OTCMKTS:VPTOF) today announced a long-term domestic gas sales agreement with Adbri Limited (ASX:ABC) to supply up to 11 petajoules (PJ) of natural gas to support Adbri's South Australian manufacturing operations to 2030.
Beach Energy Limited (ASX:BPT) advises that oil production has commenced through the new Western Flank flowlines, which are tied-in to the Moomba facility, with production to be scaled up over the course of December 2012.
Beach Energy Limited (ASX:BPT) has been advised by the operator, Senex Energy Limited (ASX:SXY), of a new field oil discovery at the Mustang-1 exploration well in PEL 111 (Beach 40%, Senex 60%).
Beach Energy Limited (ASX:BPT) has been informed by Santos (ASX:STO), the operator of the Tantanna to Moomba oil pipeline, that Santos plans to permanently shut down the Tantanna to Gidgealpa oil pipeline on 1 June 2012. The new Lycium Hub to Moomba trunkline, which will replace the Tantanna pipeline and have an increased capacity of 15,000 bopd, is expected to be operational in Q4 2012
Beach Energy Limited (ASX:BPT) advises that Senex Energy Limited (ASX:SXY), operator of the Growler oil field on the Western Flank of the Cooper/Eromanga Basin, has today announced a major reserves upgrade for the field in PEL 105/PRL15 (Beach 40%, Senex 60%).
Beach Energy Limited (ASX:BPT) (PINK:BEPTF) has released a monthly drilling report for December 2011.
Beach Energy Limited (ASX:BPT) (PINK:BEPTF) has been informed by Santos Ltd (ASX:STO) that the pipeline between the Tantanna facility and the Gidgealpa facility is now back online and is flowing at approximately 5,500 barrels of oil per day ("bopd"). The re-commissioning of the Tantanna pipeline is over two months ahead of Beach's initial expectations.
Beach Energy Limited (ASX:BPT) (PINK:BEPTF) provides the monthly drilling report for October 2011.