Senex managing director Ian Davies said planned development work at Snatcher oilfield was expected to result in a rapid increase in production from the field in the 2012-13 financial year.
Senex was currently installing new hydraulic pumping units at the sites of the Snatcher-1 and Snatcher-2 rod-pumped wells to reinstate production, with the flood damaged beam pumps remaining in-situ but non-operational.
“Before
