SEA sundance energy australia limited
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News: SEA Sundance Energy Australia posts fourth quarter Adjusted EBITDAX of $13.1 mln

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    03/02/16
    10:51
    Post #: 16929188

    Feb 3 (Reuters) - Sundance Energy Australia Ltd (SEA) :

    • Reports fourth quarter 2015 results
    • Says Adjusted EBITDAX $13.1 million for the fourth quarter
    • Says anticipated average production of 6,800-7,300 boe/d during 2016
    • Targeted cash operating costs are expected to decline to $10.50-$12.50/boe in

      2016

    • Says headcount reduction of about 30 percent that occurred in mid-January

      2016 have been implemented

    • * Further company coverage
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