Sundance Energy (SDCJF)

[DocLevi]

Form 6 blah blah referencing announcement not for distribution in USA... lol ... silly regulations...

Not for release in the United States.



Operations Update



HIGHLIGHTS



· Increased average daily production for the quarter to 7,035 boepd, net of royalties, a 1,237 boepd increase (21%) compared to the 2nd quarter of 2014. The Company re-affirms its 2014 production guidance of 6,700-7,500 boepd and exit rate of 8,000-9,000 boepd;



· Production from the Company’s Eagle Ford and Mississippian/Woodford (excluding the DJ Basin and Williston Basin assets sold early in the third quarter) increased 1,878 boepd, or 39%, compared to the 2nd quarter of 2014.



EAGLE FORD



· During the quarter the Company brought 14 gross (10.5 net) wells into production and had 17 gross (13.9 net) wells that were waiting on completion or had completions in progress at quarter end;



· The Company’s dedicated frac crew continued operations throughout the quarter and the Company brought in a second frac crew in September. We anticipate new initial production from 10-13 gross wells in the fourth quarter of 2014;



· The 14 gross wells brought in to production during the quarter had average 24-hour initial production rates of 1,067 boe; 13 gross new wells with 30-days of production had average 30-day IPs of 621 boepd; and 9 gross new wells with 60-days of production had average 60-day IPs of 525 boepd.



· Subsequent to quarter end, the Company finished completing its first 4 gross (2.4 net) wells on the recently acquired Dimmit County Eagle Ford asset and anticipates initial production from the wells in the fourth quarter of 2014;



· Construction was completed on a gas sales line in early September 2014 and the Company has hooked up all of its well on the southern portion of its McMullen County Eagle Ford project to gas sales....
http://ih.advfn.com/p.php?pid=nmona&article=64299588