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0.00% 16.5¢ sundance energy australia limited

northridge wells spudded

  1. guttedsquid
    5,787 Posts.
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    09/04/10
    21:06
    Post #: 6555102
    The final 5 wells of the Boomerang Northridge wells have spudded on the 7th April. Would expect news Monday about this.

    We are also due to have 5 more wells at 10% come on line from the same lease. They should be flowing already. The other 2 wells are being fracced this week. The production number will increase nicely from the 350bopd to about 450 bopd I suspect. Current oil price is also great for SEA.

    See report from our partner

    www.synergyresourcescorporation.com
    SEA Price at posting: 15.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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