SEA
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0.00% 16.5¢ sundance energy australia limited

Well Outperformance

  1. aggott88
    160 Posts.
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    13/07/17
    09:37
    Post #: 25836738
    ​
    Second quarter 2017 production of 6,200-6,300 boe/d, approximately 750 boe/d, or approximately 14% ahead of its previously issued guidance of 5,300-5,700 boe/d. The outperformance during the quarter resulted from new wells outperforming forecasted production rates and reduced decline rates from our legacy producing wells.

    Any chance posters might discuss some positives for SEA stemming from achieving / exceeding production targets by year's end?
    SEA Price at posting: 5.8¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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