The company posted a loss of A$33.2 million (US$25.4 million) for the 12 months to 30 June, a reduction on the A$80.6 million net loss in booked in the 2015 financial year when it booked a A$97 million pre-tax impairment.

However, the company still recorded a A$69.7 million impairment in the recent financial year, which was recognised against its longer-dated Cooper basin exploration assets.

Senex