SEA sundance energy australia limited
Add to My Watchlist 0.00% ! 16.5¢

But if you believe oil prices will eventually recover back up to...

  1. daniel99
    446 Posts.
    lightbulb Created with Sketch. 7
    clock Created with Sketch.
    10/02/16
    09:46
    Post #: 16982687
    But if you believe oil prices will eventually recover back up to say $60 per barrel then it is pretty cheap. Given the current EV of the company of say $US220m, the future sale value of the oil that is already flowing as at today along with the value of the hedges it doesnt leave much value in the price for the actual 40k acres of leaseholdings and future de-risked well locations.....
    SEA Price at posting: 7.3¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

ACW Actinogen Confirms 100th Participant in Alzheimer’s Disease Trial and Interim Analysis Timeline
right-arrow Created with Sketch.
AFP Combogesic IV Launches in Canada and R&D Shows Significant Advances
right-arrow Created with Sketch.
NEWS Proteomics International granted first patent for endometriosis diagnostic blood test in Japan
right-arrow Created with Sketch.
NEWS Outstanding Drill Results Define New High-Grade Iris Zone at Apollo Hill
right-arrow Created with Sketch.
NEWS High-Grade Niobium Intercept Delivered by Initial Drilling at Joyce
right-arrow Created with Sketch.
NEWS Next Science to Sell Majority of Assets in Proposed Transaction
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.