OPERATIONS

Senex chalks up 1700% production gain

SENEX Energy has reported oil production of more than 213,000 barrels of oil for the six months to December 31, 2011, beating out the corresponding period in 2010 by a whopping 1709%.

James McGrath

The uplift in oil production led to group revenue of $A25.1 million and a net profit of $1.95 million. Senex said the revenue figure, which was 774% up from the corresponding period, was down to a resumption...

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