SEA 0.00% 16.5¢ sundance energy australia limited

Quarterly Production Numbers Closest To The Pin, page-37

  1. 182 Posts.
    I agree that 10K is likely at some point during the 4Q, but maybe not at the end of it, as McCrady indicated on the call that December might not be as productive a month as October and November (not sure if that was just a general "you never know" warning or if he was referring to the pad-drilling schedule resulting in December being a lighter month than the surrounding months, sort of like how 1Q was lighter on new production than 2Q/3Q just because of the way the schedule fell with the new pad-drilling strategy).

    In any case, the overall trend toward rapidly increasing production and plan to acquire 10-30K more EF acres is exciting. If the price of oil stays economic in 2015 and Sundance can simply replicate its successes in development during 2014, in another year we will be close to looking at a company that can become cash-flow positive from operations and cross that line from small cap oiler to mid cap.
    Last edited by circa1762: 03/11/14
 
watchlist Created with Sketch. Add SEA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.