SEA 0.00% 16.5¢ sundance energy australia limited

boomerang came back

  1. 364 Posts.
    Here http://www.synergyresourcescorporation.com/news/?p=258 is a 19 Jan update by Synergy Resources, the operator in SEA's small conventional Boomerang Project in the DJ Basin (SEA 12.5% interest in the 6 Meyer and Northridge wells) on the good results of the Haliburton re-frac entering the Codell zone to mix with the existing but low producing J Sand.

    Small low cost play with marginal initial results should now produce good revenue with a long life.

    Ed Holloway, CEO of Synergy stated, ?The initial flow rates of these seven wells with the addition of the Codell zone show encouraging results. In particular, the Northridge 11-4D well?s initial results are quite remarkable.?

 
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