SEA 0.00% 16.5¢ sundance energy australia limited

The flow rates from the May Jon wells won;t be huge. If they get...

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    The flow rates from the May Jon wells won;t be huge. If they get 100 - 150 bopd that would be great, especially as they are 100%. That would push us over 1000 bopd.

    Don;t forget we have 7 wells awaiting completion and many are fraccing as of yesterdays report which is last weeks report.

    Look at the numbers - 114 wells next year.

    These are only vertical wells , have less reserves etc but will be very lucrative as they are cheap.

    Fraccing issues in the North Dakota is no issue. They stop oil flow there they will stop 5% of US oil production (I think) and so will never happen. The us are stopping their reliance on imported oil and so shale is where it needs to come from.
 
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