Jan 7 (Reuters) - Sundance Energy Australia Ltd (SEA) :
- Says 2016 production is expected to be approximately 65% oil and 35% natural gas and natural gas liquids
- Capital plan is expected to result in average production of about 6,800-7,400 boepd during 2016
- "Realized oil prices are expected to be west Texas intermediate (nymex) less $2.50-$3.00 per barrel"
- Company anticipates spending approximately $6-$8mm on short payback field infrastructure projects
- Base case 2016 capital program of about $45mm is expected to be funded with cash flow from operations at current market prices
- Cash operating costs, inclusive of lease operating expenses, production taxes, and general and administrative expenses, are expected to be $10.50-$12.50/boe
Jan 7 (Reuters) - Sundance Energy Australia Ltd (SEA) : Says...
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