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UIC Jeff

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UIC Jeff

Re: None

Friday, 03/09/2012 3:51:53 PM

Friday, March 09, 2012 3:51:53 PM

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New 5% shareholder for Sundance (SEA.AX/SDCJF)

An Aussie fund Eley Griffths (About 1.2 Billion AUD under management) has bought over 13.7 million shares of stock, recently. The Form says it was all on 3/7 but not sure if that is correct, since the volume is 2-3 million per day.

http://www.eleygriffiths.com.au/

http://www.asx.com.au/asxpdf/20120309/pdf/424xyzsvwfnlk1.pdf

News on several high interest wells that they are operating, Should come in the next few weeks.

Breeden 2-17H (33%) Fracing prep started. Fracing should start ~3/25ish?
Leon Pecha #1 (70% net interest) Drilling completed started on 2/24 Target reached ~3/20ish?
Daily 4-13-3 (27% net) Target depth reached 2/20 Fracing should start ~4/10ish?

Thoughts?
Best Regards,
Jeff

"Greed clarifies, cuts through, and captures the essence of the evolutionary spirit. " -- Gordon Gekko/

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