SEA sundance energy australia limited
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Thanks GG and to add to MMP's observation, the EFS looks to be a...

  1. cmonaussie
    11,253 Posts.
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    08/02/18
    13:27
    Post #: 30916315
    Thanks GG

    and to add to MMP's observation, the EFS looks to be a 46% WI in the acreage .... presumably looking for 100% and certainly an operated interest (which I think it is). Net production of 27Mboepd reflective of TILing all remaining wells. Can't see $400M buying that ($15K per flowing boepd).
    SEA Price at posting: 8.3¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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