Sundance Energy Australia Limited (ASX: SEA) July 2014 Execute Deliver Grow
Assets in Leading US Liquids Basins Ticker: SEA (ASX Listed) 2014 Consensus EBITDAX: 147 million(1) Share count: 548.7 million Proved reserves: 14.7 mmboe (64% oil)(3) Market capitalization: A735 million 3P reserves: 78.9 mmboe (52%…
Quarterly Overview Average production of 5,798 boepd (net of royalties) in the second quarter of 2014 (up 23% from Q1 2014) Generated second quarter 2014 revenue of 39.3MM and Adjusted EBITDA of 30.3MM, a 77% Adjusted EBITDA…
Production and Revenue Trend Increased production by approximately 1,075 boepd compared to Q1 2014 (23%) Production in line with Company expectations to achieve full year guidance of 6,700-7,500 boepd and exit rate of…
Adjusted EBITDAX Trend EBITDAX margin increased to 77% in Q2 2014 from 58% in 2013 Lease operating costs declined to 5.05 per boe in Q2 2014 compared to 7.17 per boe in 2013 primarily through efficiencies generated from…
Liquidity and Capital Expenditures Capital expenditures in line with full Liquidity and cash flow year guidance (million ) (million ) Pro forma cash 124.0 1H 2014 development cap ex 163 Net non-cash working capital (1) (60.0) 2H 2014…
Eagle Ford Project Increased to 19,700 Net Acres Georgetown Acreage: 5,500 net acres Eagle Ford Acreage: 5,700 net acres McMullen Eagle Ford Acreage: 14,000 net acres 9
McMullen Area Project Approximately 14,500 Net Acres 10
EFS: 2013-2014 Drilling Activity as of 30 June 2014 LEGEND SEA Shannon EFS 2H & 3H Tubing Installed SEA Acreage 2013-14 SEA Drilling Wells Existing Frac Pits 2014 SEA Planned Wells Water Wells Pipeline SEA Quintanilla SMEF 4H…
2014 Well Design Outperforming 2013 Results 200 boepd increase in performance over first 30 days 20% increase in production per lateral foot over first 30 days 12
Shannon EFS 2H & 3H vs. the Shannon EFS 1H Key changes to well design include zipper frac, tubing installation early in flowback and several changes to the frac design 13
Q-Ballard EFS 2H & 3H vs. the Q-Ballard EFS 1H Key changes to well design include zipper frac, tubing installation early in flowback and AWS (all-white sand) frac design 14
McMullen County - Eagle Ford Economics Rate of Return Sensitivities 8.2 MM Well - 5,500ft lateral 60 50 40 IRR (%) 30 Eagleford Type Curve 1,000 20 10 0 75 85 95 105 Nymex Price/Bbl (LLS x 103%) Boe/d 4.25/Mcf flat;…
Dimmit County Overview Significant well control primarily from Anadarko and Chesapeake Finished drilling first well in July 2014 and drilling has begun on second well Well results in Q4 2014 Well Economics Dimmit LEGEND Gross…
2013 Mississippian Results vs. Internal Type Curves 18
Logan County Mississippian Lime Economics Rate of Return Sensitivities 3.5 MM Well with 65% Oil 100 90 80 70 IRR (%) 60 50 40 30 Mississippian Lime Type Curve 20 1,000 10 0 75 85 95 105 Nymex Price/Bbl 3% Discount to…
Activity Pipeline New Mississippian & Woodford well results Q3/Q414 Additional results from new Eagle Ford completion designs Q3/Q414 Continued Growth in Eagle Ford Acreage/ Drilling Inventory (currently 19,700 net acres)…
Appendix 21
Experienced Board and Management Board of Directors Management Eric McCrady, Managing Director & CEO Mike Hannell, Chairman Previously CFO of Sundance Energy. More than 15 years entrepreneurial 45 years experience in upstream and…
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