Sundance Energy Australia Ltd.

Sundance Energy Australia Ltd. today announced that it had entered into a definitive agreement to sell its assets in Dimmit County, TX for a purchase price of US$29.5 million, subject to customary adjustments at closing. The Assets comprise 19 gross producing wells on ~6,100 net acres and contributed 1,051 boepd in average daily sales volumes for [...]

Sundance Energy Australia Ltd. reported its first quarter 2019 financial and operations results today. First Quarter 2019 Financial Results Highlights First quarter net sales volumes were 1,107,222 boe or 12,302 boe per day, at the top end of the Company’s public guidance. This represents an increase of ~87% as compared to the same period for [...]

Sundance Energy Australia Ltd. today announced that the Company’s bank group had completed its regularly scheduled spring borrowing base redetermination, resulting in unanimous approval for a significant borrowing base increase and pricing reduction. Spring 2019 Redetermination Highlights Include: Borrowing Base availability increase of 39 [...]

Sundance Energy Australia Ltd. announced today that it will host a conference call to review first quarter 2019 results. Date: Australia: Friday 17 May 2019 – United States: Thursday 16 May 2019 Time: Australia: 8:00 AM AEST – United States: 4:00 PM MDT Australian participants Toll Free dial-in: 1 80 0005 989 Australian Local dial-in: 2 [...]

Sundance Energy Australia Ltd. reported its fourth quarter and full year 2018 financial and operations results today. Fourth Quarter and Full Year 2018 Financial Results Highlights Net Income attributable to owners of the Company was US $64.7 million for the fourth quarter of 2018 and a loss of US $28.1 million for full year 2018. Adjusted EBITDAX1 [...]

Sundance Energy Australia Ltd. announced that it will host a conference call to review fourth quarter and full year 2018 results. Date: Australia: Thursday 28 March 2019 – United States: Wednesday 27 March 2019 Time: Australia: 8:00 AM AEDT – United States: 3:00 PM MDT Australian participants Toll Free dial-in: 1 80 0005 989 Australian [...]

Sundance Energy Australia Ltd. announced year-end 2018 proved reserves as estimated by Ryder Scott Company, L.P. of 93.2 million barrels of oil equivalent representing a PV-10 of $1,110mm as calculated under US Securities and Exchange Commission guidelines. This represents a ~98% increase in proved reserves and a ~191% increase in PV-10 value of [...]

Sundance Energy Australia Ltd. today announced the casual appointment of Judy D. Buie to serve as an independent non-executive director on the Company’s Board of Directors, effective immediately. Ms. Buie will serve on the Company’s Reserves and Audit and Risk Management committees. The addition of Ms. Buie to the Board will bring the [...]

Sundance Energy Australia Ltd. is pleased to announce that it exceeded its production guidance for full year 2018 and met its production guidance for fourth quarter 2018. The Company’s full year 2018 net production averaged approximately 10,000 Boe/d including flared volumes, at the top end of full year net production guidance of 9,000 to [...]

Sundance Energy Australia Ltd. today announced that management will participate in the upcoming Natixis Energy High Yield Seminar in New York City. Eric P. McCrady, Chief Executive Officer, is scheduled to present on Thursday, January 24th, 2019 at 4:00pm ET. About Sundance Energy Australia Limited Sundance Energy Australia Ltd. is an [...]