SEA sundance energy australia limited

9/12 Abraxas Petroleum has sold 1200 net acres in McMullan...

  1. 29 Posts.
    9/12 Abraxas Petroleum has sold 1200 net acres in McMullan county for 73M.the deal includes 1200 net acres from a 25%working interest in 5986 gross(4809.5net)acres and net production 655boepd(90%oil) Proved reserves 3.7mboe.

    9/9 Sanchez Energy purchased 3600 net acres ,2000 booepd,11mmboe proved reserves for US$220m in McMullan county.
    Sea has 8000 net acres with approx 4000/5000 boepd, in McMullan County,looking at the above the valuation FOR THE Eagle ford asset would be around current market cap US$400M
    leaving the other assets valued at zero.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

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