Sundance Energy Australia

Published : April 17th, 2008

Extends US Oil and Gas Interest with North Washington Prospect

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment

 

 

32 Beulah Road, Norwood. South Australia. 5067       ACN 112 202 883

Telephone:  +61 8 8363 0388     Facsimile: +61 8 8132 0766   www.sundanceenergy.com.au

 

 

For Immediate Release

17April 2008

 

General Manager

The Company Announcements Office

Australian Securities Exchange

 

 

Sundance Extends US Oil and Gas Interests with

North Washington Prospect

 

Sundance Energy Australia Limited (ASX:SEA) is pleased to announce it has expanded its spread of US oil and gas projects, reaching an agreement to participate with Deka Exploration, Inc., in a new oil development play located in McClain County, Oklahoma; the new project is called the North Washington Prospect.

 

Deka is an Oklahoma-based operating company with which Sundance has already participated in several projects, including the recently sold Ashland Prospect and its current Buffalo Creek Prospect.

 

The Company will have a working interest of approximately 6-7% across the North Washington Prospect. And, the prospect’s first well is scheduled to spud on or about May 1, 2008.

 

That initial well will be drilled vertically to approximately 10,000 feet (3,048 metres) and will target conventional oil reserves in the Bromide, Tulip Creek, McLish and Oil Creek formations.

 

The prospect area has a strong production history. There are approximately 30 wells in the prospect area, 20 of which were completed as producers, 11 of which were significant producers (150,000 BO or more per well) and two of which are still producing. Seven of those wells have cumulative production of approximately 1,000,000 BO per well.

 

The North Washington Prospect includes 2-3 additional drilling locations assuming success on the initial well.

 

Below is a map setting out the location of the North Washington Prospect.

 

New Oil Prospect

 

Mr McCoy said, “We are excited to be continuing our long standing relationship with Deka Exploration on this small but exciting new prospect. The economics of this play are quite promising, and should directly enhance our shareholder’s bottom line.”

 

 

For further advice on this release please contact:

 

Kip Hunter

General Counsel/Director of Communications

US based

Tel: (303-543-5709)

 

Warrick Hazeldine

Purple Communications

Investor Relations

Tel: (+61 8 9485 1254)

 

About Sundance Energy Australia Limited

 

Sundance Energy Australia Ltd (ASX: SEA) is an Adelaide-based, independent energy exploration company, with a wholly owned US subsidiary, Sundance Energy, Inc., located in Colorado, USA.

 

The Company is developing projects in the US and Australia.

 

In the US, Sundance is primarily focused on large, repeatable resource plays where it develops and produces oil and natural gas reserves from unconventional formations. The Company has ownership interests in five US oil and gas projects comprising more than 68,000 highly prospective acres.

 

 In Australia, Sundance owns acreage in the Cooper/Eromanga Basin totalling approximately 1,140,000 acres.

 

A comprehensive overview of the Company can be found on the Company’s website at

www.sundanceenergy.com.au.

 

 

Issued by

Purple Communications

Level 3, 28 Kings Park Road, WEST PERTH WA 6005

Ph: 08 9485 1254     Fax: 08 6263 0455

purple@purplecom.com.au    

 

 

 

Sundance Energy Australia

CODE : SEA.AX
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Sundance Energy is a and oil exploration company based in United states of america.

Sundance Energy holds various exploration projects in Australia and in USA.

Its main exploration properties are ARKOMA BASIN in USA and COOPER EROMANGA BASIN and WILLISTON BASIN in Australia.

Sundance Energy is listed in Australia. Its market capitalisation is AU$ 206.1 millions as of today (US$ 139.7 millions, € 126.9 millions).

Its stock quote reached its highest recent level on August 22, 2014 at AU$ 1.42, and its lowest recent point on December 12, 2018 at AU$ 0.04.

Sundance Energy has 1 249 350 016 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Annual reports of Sundance Energy Australia
2007 Annual Report
2006 Annual Report
Nominations of Sundance Energy Australia
12/16/2008 Appoints New Chairman
Project news of Sundance Energy Australia
4/23/2008(May-jon) Extends US Oil and Gas Interest with May-Jon Prospect
4/17/2008(North Washington)Extends US Oil and Gas Interest with North Washington Prospe...
Corporate news of Sundance Energy Australia
8/1/2016Acquisition of Eagle Ford Assets Completed
8/1/2016Acquisition of Eagle Ford Assets no Re-Fracturing Partnershi...
8/1/2016Quarterly Activities and Cashflow Report
6/22/2016Acquisition of Eagle Ford Assets
5/27/2016Chairman's Report AGM
5/23/2016Borrowing Base Reaffirmed
4/29/2016Quarterly Activities and Cashflow Report
1/29/2016Quarterly Activities and Cashflow Report
11/2/2015Edited Transcript of SEA.AX earnings conference call or pres...
10/30/2015Sundance Energy Australia Limited Reports Third Quarter 2015...
10/29/2015Quarterly Activities and Cashflow Report
10/26/2015Quarterly Earnings Call
9/10/2015Half Year Accounts
8/10/2015Cleansing Notice
8/10/2015Acquisition of Eagle Ford and Cooper Basin Assets
8/10/2015Sundance Energy Australia Limited Closed on Acquisition of N...
8/4/2015Edited Transcript of SEA.AX earnings conference call or pres...
7/31/2015Sundance Energy Australia Limited Reports Second Quarter 201...
7/31/2015Quarterly Activities and Cashflow Report
7/29/2015Quarterly Earnings Call
4/27/2015Notice of Annual General Meeting/Proxy Form
3/31/2015Annual Report 2014
3/9/2015Investor Presentation
1/30/2015Operations Update
1/30/2015Quarterly Activities and Cashflow Report
1/29/2015Quarterly Earnings Call
1/29/2015Reserve Upgrade
10/31/2014Operations Update
10/30/2014Quarterly Earnings Call Presentation
5/12/2014Sundance Energy Australia Limited Files Form 15F to Terminat...
2/5/2014Sundance Energy Australia Limited Announces Launch of Initia...
11/13/2012s
10/31/2012s
10/16/2012s
9/26/2012s
9/7/2012s
6/20/2012s
5/30/2012s
5/18/2012s
5/7/2012s
4/23/2012s
4/12/2012s
3/27/2012s
3/15/2012s
2/24/2012s
1/27/2012s
1/16/2012s
1/3/2012s
12/13/2011s
11/29/2011s
10/10/2011s
9/15/2011s
8/8/2011s
5/13/2011s
4/29/2011s
4/19/2011s
4/8/2011s
3/28/2011s
2/11/2011s
12/17/2009to Participate in Bakken/Three Forks Test Well
11/30/2009to Appoint Reg Nelson as a Director
3/10/2009Company and Development Update
11/27/2008Development Update
11/13/2008AGM address and presentation
8/12/2008Revenue and Developement Update
6/17/2008Another Extension of US Oil and Gas Interest with Colorado C...
6/4/2008 2008 Development Campaign Update
4/15/2008 Spuds Second Well at Phoenix Prospect
1/2/2008Closes Drilling Deal for Phoenix Prospect
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
AUSTRALIA (SEA.AX)
0.165+0.00%
AUSTRALIA
AU$ 0.165
11/27 10:00 -
0%
Prev close Open
0.165 0.165
Low High
0.165 0.165
Year l/h YTD var.
 -  -
52 week l/h 52 week var.
- -  0.165 -%
Volume 1 month var.
0 -%
24hGold TrendPower© : -10
Produces
Develops
Explores for
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
2019-46.77%0.510.12
2018318.92%0.460.04
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.07-2.62%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.21-2.21%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.42-1.72%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 0.95-2.66%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.78+1.16%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.03-25.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 3.65-2.14%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 10.58-3.47%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.39+0.00%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.18-10.00%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 2.18-1.36%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 46.12-5.16%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.03+0.00%Trend Power :