not sure what the previous thread was about, imho the sp ended up even yesterday after two announcements, one informing holders of the waddenburg field being effected by a 1 in 4000 year flooding
the other was a reserves increase of 40% on the p1 and p2
the market was down but sundance imho held up and closed even which isnt too bad pre an expectant taper announcement
today the share is currently up from the close of yesterday
in 90 days sundance will be way above the 5000 bopd target for exit 2103. it could be that with new frac techniques that the EUR's will be substantially higher also
we could see the 5000 bopd target reached in the coming month imho.. or pretty close..
sundance may be looking at way over $200 mill in oil sales for calender year 2014
anyway, the sp fluctuates all the time, but currently i am a glass half full optimist on sundance
GLTAH
SEA Price at posting:
$1.08 Sentiment: Buy Disclosure: Held
