Senex Energy (ASX: SXY) has been granted a trading halt by the ASX, with the company's shares placed in pre-open.
Senex has two announcements pending, with the first a potential transaction to acquire a significant tenement interest.
The second concerns confidential discussions with another party about a potential capital raising transaction.
Senex has not yet elaborated any further on the details.
In other Senex news released today, the company has signed an agreement with Planet Gas (ASX: PGS), where Senex will earn equity in PELA 514 through 100% funding of the drilling of three exploration wells, two within the first two years of the PEL.
Under the agreement Senex will earn a 50% interest in the Northern Area of PELA 514 and a 70% interest in the Southern Area.
PELA 514 is located in South Australia.