News: SEA Sundance Energy Australia Ltd Q2 Net Sales Volumes Up 79%, page-15

Debt is an issue, on $350M debt we are paying $35M interest = roughly 10%

Because we pay base rate + 800basis point

So if the base rate cuts 100 bp, we only see a $3.5M reduction in interest.

That's definitely not a bad thing, almost enough for a free well! But probably not thaaat material, directly.

I do agree with chris comments regarding indirect benefits - higher consumption / spending = higher demand for oil = higher oil price. I see this side being much more beneficial to us