SEA 0.00% 16.5¢ sundance energy australia limited

Ann: Investor Presentation , page-6

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  1. 2,649 Posts.
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    Just a heads up on the 24 hour IP rates. They can be misleading, especially in the Mississippian where wells can take a while cleaning up.

    For the Wolf well, Osage reported a ~300 BOPD 24 hour IP rate and a ~700 BOPD 30 day IP rate. So clearly the well had alot of 'cleaning up' to do.

    On the other hand, Devon's Matthew's well reportedly had a 960 BOEPD 24 hour rate, and a 590 BOEPD 30 day rate.

    Very good presentation. Good to see SEA ramping up the Wattenberg as they've got a lot of permits to do so! (and it is low risk after all)
 
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