Sundance Energy Australia Ltd. reported its third quarter 2018 financial and operations results. Third Quarter 2018 Financial Results Adjusted EBITDAX1 for the third quarter of 2018 was US $30.4 million, representing a ~62% Adjusted EBITDAX margin. Adjusted EBITDAX for year to date 2018 was US $51.9 million, a ~53% margin. These figures exclude [...]
Sundance Energy Australia Ltd. today announced that the lenders in its Senior Secured Borrowing Base Facility unanimously approved a 40% increase from US $87.5 million to US $122.5 million. Sundance’s Chief Executive Officer and Managing Director, Eric McCrady, commented, “Sundance’s pre-existing available liquidity was sufficient [...]
Sundance Energy Australia Ltd. announced today that it will host a conference call to review third quarter results. Date: Time: Australia: Friday 16 November 2018 – United States: Thursday 15 November 2018 Australia: 9:00 AM AEST – United States: 3:00 PM MST Australian participants Toll Free dial-in: 1800005989 Australian Local dial-in [...]
Sundance Energy Australia Ltd. today announced the casual appointment of Mr. Thomas L. Mitchell to serve as an independent non-executive director on the Company’s Board of Directors, effective immediately. Mr. Mitchell will serve on both the Company’s Audit and Risk Management and Remuneration committees. The addition of Mr. Mitchell to [...]
Sundance Energy Australia Ltd. today provided an update regarding the Company’s recent development activities. Production Sundance’s sales volume for the month of September was ~15,300 boepd. The Company expects average Third Quarter daily production to be at the high end of its previously released guidance of 10,000 to 11,000 boepd [...]
Sundance Energy Australia Ltd. today announced the details of its participation in three upcoming investor conferences during the month of September. Eric P. McCrady, Chief Executive Officer, is scheduled to present at The Oil & Gas Council’s North American Assembly on Thursday, September 13th, 2018 at 10:40am CT in Houston, TX. Mr. McCrady [...]
Sundance Energy Australia Ltd. today provided an update regarding the Company’s recent development activities. Production Sundance brought 7 wells online in August, including 5 wells on the recently acquired acreage in Live Oak County. The Company brought the 2-well Justin Toms pad, located in Atascosa County, online in early September. Well [...]
Sundance Energy Australia Ltd. reported its second quarter 2018 financial and operations results. Second Quarter 2018 Financial Results Adjusted EBITDAX for the second quarter of 2018 was US$9.4 million, representing a 34.2% Adjusted EBITDAX margin. Adjusted EBITDAX for the first half of 2018 was US $20.7mm, a 40.3% margin and in-line with Adjusted [...]
Sundance Energy Australia Ltd. today announced that management will participate in Enercom’s The Oil and Gas Conference in Denver, Colorado. Eric P. McCrady, Chief Executive Officer, is schedule to present at The Oil and Gas Conference on Wednesday, August 22nd, 2018 at 10:30am MT followed by a breakout question and answer session and [...]
Sundance Energy Australia Ltd. today announced today that it will host a conference call to review second quarter results. Date: United States: Wednesday 15 August 2018 – Australia: Thursday 16 August 2018 Time: United States: 4:00 PM MDT – Australia: 8:00 AM AEST USA participants Toll Free dial-in: 831 3022 Australian participants Toll [...]
Sundance Energy Australia Ltd. today provided an update regarding the Company’s recent development activities. Production The Paloma Ranch 7H well had a completed lateral length of 7,690’ and initiated flowback on 2nd June. Initial 30-day production results were 1,345 barrels of oil equivalent per day with oil representing 62% of [...]
Sundance Energy Australia Ltd. today provided an update regarding development activities on both its legacy acreage and the acreage recently acquired from a JV controlled by Pioneer Natural Resources. Sundance has completed drilling the Harlan Bethune 25H, 26H and 27H three well pad on its recently acquired Live Oak County assets in 33 days. During [...]
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