InvestorsHub Logo
Followers 0
Posts 138
Boards Moderated 0
Alias Born 12/29/2004

Re: None

Sunday, 02/26/2012 7:43:37 PM

Sunday, February 26, 2012 7:43:37 PM

Post# of 205
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.

Latest Corp Presentation

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/

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.