Senex Energy Limited (ASX:SXY) has outlined guidance on significant items it expects to recognise in its 2016 half year accounts.
 

Senex Energy noted the gain on sale of the Maisey block of approximately $38 million after tax following completion of the transaction with GLNG in December 2015.
 

However the company has noted that the gain will be offset by a non-cash impairment charge of $70 million after tax on certain of the company’s longer-dated Cooper Basin exploration assets.
 

The non-cash impairment charge reflects a significant reduction in oil price assumptions and, accordingly a major reduction in planned capital expenditure on these assets in the near term.
 

 Senex Energy recorded a net loss of $80.65 million at 30 June 2015.