SEA 0.00% 16.5¢ sundance energy australia limited

too much to read for now but this was a HIGHLIGHT for me...

  1. 558 Posts.
    too much to read for now but this was a HIGHLIGHT for me ......Firstly,

    about

    20

    percent

    of

    our

    capital

    budget

    will

    go

    towards

    de
    -
    risking

    our

    Logan

    County

    prospect.

    Early

    results

    from

    Sundance,

    Devon

    Energy,

    Slawson

    Exploration

    and

    other

    companies

    nearby

    indicate

    that

    this

    prospect

    may

    be

    one

    of

    the

    best

    parts

    of

    the

    Mississippian/Woodford

    play

    and

    with

    our

    significant

    acreage

    position

    we

    are

    chasing

    a

    big

    prize.

    De
    -
    risking

    of

    our

    prospect

    over

    time

    could

    add

    100
    -
    150

    Mississippi

    Lime

    locations

    and

    200
    -
    300

    Woodford

    locations.

    If

    successful,

    this

    prospect

    has

    the

    potential

    to

    be

    the

    largest

    and

    most

    valuable

    asset

    in

    our

    current

    portfolio

    and

    a

    solid

    foundation

    towards

    achieving

    our

    long
    -
    term

    targets.
 
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