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Senex Sept quarter revenue down 36%

AAP logoAAP 16/10/2016

Junior oil producer Senex Energy's quarterly sales revenue has fallen 36 per cent to $10 million, mainly on account of lower oil prices.

The Brisbane-based company sold 190,000 barrels of oil equivalent in the September quarter, compared to 210,000 in the three months to June, as a result of natural field decline.

It realised an average price of $A53 a barrel, compared to $A75 in the June quarter.

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