Sundance Energy Australia Limited (ASX: SEA) Quarterly Results Investor Briefing, April 2013
Company Profile Sundance Energy (ASX: SEA) is an independent energy company focused on the exploration, development and production of large, repeatable resource plays in North America. The Companys current activities are focused on the…
Quarter Highlights Corporate Developments and Financial Position Implemented acquisition of Texon giving Sundance a foothold in the Eagle Ford Exited quarter with 101.6M in cash after funding development of 2.5 net Eagle Ford wells and…
Diversified Assets in Leading US Liquids Basins Williston Basin Bakken/Three Forks Net Acres 4,800 3P Reserves (mmboe) (1) 10.0 DJ Basin Niobrara/Codell Wattenberg Net Acres 5,500 Greater Anadarko N. Niobrara Net Acres…
Production Growth Inline with Guidance Q1 production in line with previous guidance 1,900 boepd inclusive of full quarter of Texon 1,227 boepd excluding full quarter of Texon Reaffirm 2013 guidance Cal 13 avg 2,605 3,258…
Cash Flows Inline with Expectations 7
High Quality, Scalable Reserves Sundance Reserve Upgrade Since 1 July 2013 Re-evaluation as of 1 January 2013 did not include Eagle Ford assets Proved PV10 increased 47.9M Proved, probable & possible reserve increased 10.0 mmboe Net…
Texas: McMullen County Eagle Ford Activity SEA Peeler EFS 2H Pioneer rig mobilization in process McMullen Development Status Live Oak As at 29 April 2013 Gross Net Producing 7.0 6.0 Flowback 1.0 1.0 SEA Wheeler EFS 1H…
Low Risk Growth from Eagle Ford Assets Net Working Revenue Peak 24- Well Name Interest Interest Hour 30 Day 60 Day 90 Day 1 Year Tyler Ranch EFS 1H 82% 62% 1,071 714 618 528 286 Tyler Ranch EFS 2H 82% 62% 1,278 503 626 622 365…
Anadarko Basin: Basin Logan County Activity Development Status SEA Whiteneck N Trust 20-3-12 As at 29 April 2013 Gross Net 1SWD Producing 4.0 2.2 Drilling in Waiting on completion (SEA operated) 2.0 1.9 progress Waiting on completion…
Promising Logan County Results Early appraisal results ahead of expectations Encouraging non-op Woodford result Substantial potential upside from continued success 100-150 net Mississippian locations 200-300 net Woodford locations…
DJ Basin: Wattenberg Activity LEGEND SEA Acreage SEA Recently Acquired Acreage 10 New Vertical Wells on Production 2012 SEA Drilled Wells 2012 SEA Drilled Wells (not completed as of 31/Dec/12) 2013 SEA Planned Wells Encana…
Focused Strategy Delivering Results Premier position in 3 of the leading US oil resource plays Premier acreage Material acreage position in the Mississippian & Woodford Q1 production of 1,900 boepd inclusive of Eagle Ford assets…
Appendices Definitions boe is defined as barrel of oil equivalent, using the ratio of 6 Mcf of Natural Gas to 1 Bbl of Crude Oil; mboe is defined as a thousand barrels of oil equivalent, using the ratio of 6 Mcf of Natural Gas to 1…
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