Senex Energy has sold its Cooper Basin assets in South Australia to Beach Energy for $87.5 million.
Following the sale, Senex is positioned to accelerate the development of its low-cost, high-return and long-life natural gas assets in Queensland’s Surat Basin.
Senex managing director and chief executive officer Ian Davies said the sale marked an important milestone for the company as it builds an exciting future in the Surat Basin as a material new entrant in a strong domestic natural gas market.
Northbridge Industrial Services plc (LON:NBI) hires and sells specialist industrial equipment to a non-cyclical customer base. With offices or agents in the UK, US, Dubai, Belgium, Germany, France, Australia, Singapore, New Zealand, Brazil and Korea, Northbridge has a global customer base.