reporting, page-2

From memory, the December 31st 2012 reserves report came out on March 18th 2013 I believe. (I specifically looked this up a few weeks ago so you may want to re-check the ASX site to verify).

So given that, I'd expect the new report to be out quite soon.

In terms of general reporting, I feel that SEA reports like AUT and other major established companies do.

Unfortunately SEA isn't a major and established company. It's EFS project is really in it's infancy under Sundance's ownership (and operatorship), as is the choked-back techniques the company uses, in comparison to TXN's higher IP, higher decline results. Combined with significantly decreased well costs, SEA's economics will be far far far better than TXN's- but we're still waiting to see these results come through.

In regards to Logan County, well that's definitely still being de-risked at the moment. It looks really good, but we need longer-term results before we establish expectations.

I love SEA as a company, but am frustrated by it's lack of newsflow and promotion. With the US IPO delayed, I would have thought the company would have made a conscious effort to get it's name out there more.

I suppose the good thing about SEA's announcements are that when they eventually come out, they are usually very good LOL.