Senex Energy (OTCMKTS:VPTOF) is an Australian-based upstream oil and gas company focused on exploration, development and production of onshore hydrocarbon resources. The company’s core operations are centred in Queensland and South Australia, where it holds a portfolio of conventional oil and gas leases as well as permits for emerging unconventional gas plays. Senex Energy markets its gas to domestic industrial and commercial customers, supporting Australia’s east coast energy needs.
The company’s asset base includes interests in the Surat and Cooper Basins, two prolific onshore regions characterised by both conventional and tight gas reservoirs. Senex has pursued development of its Surat Basin gas fields with the aim of supplying pipeline-quality gas to the domestic market, while also exploring for oil and gas in deeper targets across its Cooper Basin acreage. Its operational strategy balances near-term production growth with longer-term exploration upside.
Senex Energy was listed on the Australian Securities Exchange in October 2013, having evolved from earlier exploration ventures active since the 1980s. In mid-2022, the company became a wholly owned subsidiary of POSCO International, a move that provided additional technical and financial backing for its ongoing development programmes. Despite the change in ownership, Senex continues to operate under its established brand, retaining its operational headquarters in Brisbane.
Governed by a board of directors and supported by a technical management team, Senex Energy remains focused on delivering low‐cost, reliable gas resources to Australia’s domestic market. The company continues to evaluate exploration prospects across its tenements, while advancing key development projects designed to meet growing regional energy demand.
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