Senex Energy : International non-deal roadshow presentation

1

International non-deal roadshow presentation

March 2017

This presentation does not constitute investment advice, or an inducement or recommendation to acquire or dispose of any shares in Senex, in any jurisdiction.

This presentation contains statements (including forward-looking statements), opinions, projections, forecasts and other material, based on various assumptions. Whilst this presentation was prepared with due care and attention, those assumptions may or may not prove to be correct. All forward-looking

statements, whilst considered reasonable by Senex as at the date of this presentation, involve known and unknown risks, assumptions and uncertainties, many of which are beyond Senex's control. There can be no assurance that actual outcomes will not differ materially from those stated or implied by these forward-looking statements, and readers are cautioned not to place undue weight on such forward-looking statements. To understand more about the risks and uncertainties faced by Senex refer to the 2016 Annual Report.

Statements about past performance are not necessarily indicative of future performance. To the extent required by law, neither Senex or any of its directors, officers, employees and agents give any warranty, representation or guarantee as to the accuracy or likelihood of fulfilment of any forward looking statement in this presentation or assumption upon which any part of this presentation is based or the accuracy, completeness or reliability of the information contained in this presentation.

EBITDA (earnings before interest, tax, depreciation and amortisation), EBITDAX (earnings before interest, tax, depreciation, amortisation and exploration expense) and underlying profit are non-IFRS measures that are presented to provide an understanding of the performance of Senex's operations. They have not been subject to audit or review by Senex's external auditors but have been extracted from audited or reviewed financial statements. Underlying profit excludes the impacts of asset disposals and impairments, as well as items that are subject to significant variability from one period to the next.

All references to dollars, cents or $ in this presentation are to Australian currency, unless otherwise stated. Supporting information on the reserves and resources figures and their calculation are provided in slide 38 of this presentation.

3

Contents

An introduction to Senex East coast gas market opportunity

Senex in the Surat Basin Senex in the Cooper Basin Outlook and summary

Appendix and WSGP reference data

This page: Eos block, Western Surat Gas Project

Cover image: Western Surat Gas Project acreage by air

4

An introduction to Senex

Cooper Basin by air, South Australia