Sundance Energy (SDCJF)

[Bobwins]

another new announcement of well results

http://www.hotcopper.com.au/announcementFiles/2010/SEA/58ec9abe-0409-4561-895a-8e45b344d4a6-SEA179282.pdf

Highlights

Bergstrom 15-23H (Sundance owns 4% WI) (American operates) IPs at 3,023 BOE with initial 7-day flow back of 11,063 BOE;

Johnson 15-35H (Sundance owns ~5% WI) (American operates) IPs at 2,200 BOE;

Mandaree 4-15H (Sundance owns 7.5% WI) (EOG operates) IPs at 1,605 BOE with initial 7-day flow back of 10,039 BOE; and,

Marlene 42X-20 (Sundance owns 1.23% WI) (XTO operates) 39,664 BOE in first 30 days


Bergstrom 15-23H 3023 X 4% = 121boepd

Johnson 15-35H 2200 X 5% = 110boepd

Mandaree 4-15H 1605 X 7.5%= 120boepd

Marlene 42X-20 1322 X 1.23%=16boepd

These 4 wells will add Initial Flush production of 367boepd to Sundance. Should stabilize around 100-150boepd by mid Q4.