Sundance Energy Reports Financial and Operational Metrics for the Third Quarter

  • Nov 19, 2019 AEDT
  • Team Kalkine

Sundance Energy Australia Limited (ASX: SEA) reports the operational and financial results for the third quarter of the year.

  • The net sales volume stood at 13,599 barrels of oil equivalent a day, up by ~ 22 per cent against the previous corresponding period (pcp).
  • The oil sales surged by ~ 64 per cent, the gas sales stood ~ 20 per cent higher against pcp, and the NGLs sales stood ~ 16 per cent higher against pcp.
  • The net sales for gas and NGLs (4,923 barrels a day) stood below the guidance range of 5,600-5,800 barrels a day; however, the net sales for oil remained at the upper range of the guidance 8,400-8,700 barrels a day at 8,677 barrels a day.

 

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