That's 25boepd PER well if you read the paragraph And that is the lowest figure the conservative view
During the quarter, Sundance successfully drilled and completed 8 vertical DJ Basin Wattenberg wells (SEA average working interest 93.8%), 5 of which were connected to gas gathering and 3 of which were awaiting connection to gas gathering at year end. The 24-hour IP rates have ranged from approximately 50-100 boepd per well. The 30-day IP rates have ranged from 25-50 boepd per well and have averaged approximately 39 boepd per well. An additional 8 vertical Wattenberg wells (SEA working interest 100%) were successfully drilled and awaiting completion at year end. The Company elected to delay completions and gas gathering connections so flush production would benefit from the natural gas line upgrade discussed below.
SEA Price at posting:
80.0¢ Sentiment: Hold Disclosure: Held
