Senex braces for Covid-19 related impairments following oil price collapse

Majority of impairment relates to the company's small, late-field assets outside of the Cooper basin's Western Flank fairway

Cooper basin assets: Senex is expecting to book a non-cash impairment of about A$52 million in its upcoming financial results
Cooper basin assets: Senex is expecting to book a non-cash impairment of about A$52 million in its upcoming financial resultsPhoto: SENEX ENERGY
Published 12 August 2020, 03:36Updated 12 August 2020, 03:36