Senex generated A$16.7 million (US$12.9 million) over the first three months of the year, down 25% on the A$22.3 million in revenue booked over the same period a year ago.
The drop in revenue came as production slipped 24% year-on-year, from about 330,000 barrels of oil equivalent to roughly 250,000 boe, with Senex noting the reduced rate of capital investment since January 2015 was having an ongoing and cumulative effect on production.
During
