Senex Energy Limited Announces Equity Raising

Senex Energy Limited announced that it will raise approximately AUD 155 million through a placement to institutional and sophisticated investors to raise approximately AUD 50 million (Institutional Placement) and a 2 for 13 accelerated non-renounceable entitlement offer to raise approximately AUD 105 million (Entitlement Offer), (together the Equity Raising) at an offer price of AUD 0.74 per share (Offer Price). The Entitlement Offer comprises an institutional component (Institutional Entitlement Offer) and a retail component (Retail Entitlement Offer). Approximately 210 million New Shares will be issued as part of the Equity Raising. Proceeds will be used to fund follow-on exploration and appraisal of Senex southern Cooper Basin unconventional gas permits, and commence an unconventional gas exploration program in the north of the South Australian Cooper Basin.