More good news from Sundance Productions up 8% in Jan SEA.ax/SDCJF (.665 up 2+% in Australia this Monday Morning) Jan Operations Update
- Production is up 8% from Dec - 4 Sundance drilled wells had initial flow rates of 85 Boepd. (50-100% interest in these wells) It doesn't sound like a lot, but these are cheap wells to drill and operate (600K to drill)
Lots more news coming in the spring and Summer. They have several large interest wells drilled and awaiting Fracking.
Company is moving from a JV partner, to an operator with larger working interests. If they can execute, this year should be a big year! <fingers crossed>
Best, Jeff
"Greed clarifies, cuts through, and captures the essence of the evolutionary spirit. " -- Gordon Gekko/
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