Company News Summary
Sundance Energy Australia Provides Calendar 4th Quarter Operations Update
Original announcement: Calendar 4th Quarter Operations Update
Sundance Energy Australia provided an update, reporting the COmpany has drilled and completed the Branson 1-HM (SEA 100% WI) horizontal Mississippian test in Logan County, Oklahoma with a 24 hour IP of 652 boe and 464 boepd average through the first 25 days of production; drilled and completed the Kightlinger 19-3-8-1HM (SEA 87.5% WI) horizontal Mississippian test in Logan County, Oklahoma with a 24 hour IP of 198 boe and 30 day IP of 98 boepd - the well continues to clean up and produce 100 boepd after 75 days of flow back; successfully drilled and equipped three high volume salt water disposal wells in Logan County, Oklahoma; and increased acreage holdings targeting the Mississippian/Woodford to 38,000 net mineral acres by year end.
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