SEA sundance energy australia limited
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oil price, page-9

  1. Bobwins1
    152 Posts.
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    09/11/10
    09:11
    Post #: 7446832
    Sundance strong in the US today, closing at +.02 to US$.57 on low volume of only 96K.

    QE2 is going to put a floor under oil prices. China and India car sales are ramping up very fast. That's going to translate into consumption and replace US slowdown in consumption.

    Agressive drill program next year in the Bakken, PLUS the beginning of the Niobrara should light a fire under Sundance in 2011.

    SEA Price at posting: 56.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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