Senex Energy is the ultimate ‘from little things, big things grow’ story with a 30-year history in Australia. Senex operates in two of Australia’s most prolific onshore oil and gas regions, the Surat and Cooper basins, however the company has come from small beginnings.
Senex was first listed on the ASX in August 1984 as Victoria Petroleum N.L. At that time, the company was based in Perth and headed by Founding Managing Director John Kopcheff, who retired from the Board in September 2010.
In June 2010, the company announced the appointment of Ian Davies as Managing Director and advised that the business would relocate its head office to Brisbane. Later in the year, the business announced, “aggressive development programs” for its oil and gas acreage through the purchase of some key tenements from then Queensland Gas Company (QGC) (now part of Shell Australia assets).
In February 2011, the company officially changed its name to Senex Energy Limited following the merge with fellow Cooper Basin oil producer Stuart Petroleum.
Today, Senex continues to operate the majority of its low cost oil producing assets, and is pursuing exploration, appraisal and development of its oil and gas acreage in the Cooper Basin. In Queensland’s Surat Basin, the company is progressing new gas projects and contributing to energy security on Australia’s east coast.