The Australia-listed company recorded a 248% jump in oil production from its Cooper basin oilfields in South Australia, to 601,647 barrels, and a peak production rate of more than 6600 barrels per day.
Senex’s net profit after tax of A$8.9 million (US$9.3 million) is a significant improvement from the $3.5 million loss it recorded for the 2011 financial year.
The company also posted revenues reaching A$70.4