SEA 0.00% 16.5¢ sundance energy australia limited

to guttedsquid and other lt holders, page-4

  1. 886 Posts.
    Thanks for the feedback Gutted abd Buyu really appreciate the effort. I just see a nice base with the Bakken assets and production and the Niobrara potential plus the other acerage even though unproven at this stage. I also tend to agree the biggest thing I hear with SEA is oh they just have small %'s in many wells but as mentioned by gutted may also be a positive in spreading the risk and so on but in the end from my reading of the reports they own 8,800 Net acres in the Bakken which is a big positive in my book as this is the most proven play and will underpin production and cashflow while they develop the other acerage including the Niobrara. I will be holding for a while and see what happens, thanks again.
 
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