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Sundance Energy Australia Provides Additional Detail Regarding Audited Reserve Report

15 Mar 2019  |  09:59:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Additional detail regarding Audited Reserve Report

Sundance Energy Australia provided additional details regarding audited reserve report. It reported that the Company announced year-end 2018 proved reserves as estimated by Ryder Scott Company of 93.2MMboe representing a PV-10 of $1,110mm as calculated under US Securities and Exchange Commission (SEC) guidelines. The proved reserves presented in the Release were estimated utilizing deterministic methods. All figures are presented net to the Company's 100% revenue interest.

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