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Wednesday, May 25, 2011

Sundance Announces Results of Wells It Is Participating In -- Bakken, North Dakota, USA

Sundance Energy Australia Ltd reported the following initial production rates from its developmental drilling campaign in the  Williston Basin, May 13, 2011.

Some of these have been reported elsewhere.

Initial Production Rate (boepd)
  • Bear Den 7-17H, 2,290 
  • Mandaree 9-4H, 1,442 
  • Bear Den 4-20H, 1,809 
  • Henderson Fed. 4-26/35, 2,321
  • Hodenfield 15-7H,  2,210 
  • 1-H Sandhill 25-36H, 1,206  
  • Henderson 16-34H, 1,089
  • Hodenfield 15-23H, 1,704 
  • Twilight 1-24H, 798 
  • Reed 3-3H, 715  
  • Bergstrom 2-28H, 2,171
  • Dahl 15-22H, 1,179 
  • Foss Family Trust 15-23H, 2,608
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1 comment:

  1. HansMay 25, 2011 at 6:34 PM

    A lot of issues with this company...This is from their quarterly report: The Williston Basin has produced over 50 billion barrels of oil since its first production in the 1950s.."

    That 800,000,000 barrels per year or about 2.5 million per day...

    Their annual (2010) report stated, we have over 12 drilling rigs running around the Bakken area...

    The report also stated 150,000 barrels of production hedged at $60.oo per barrel...If I have my fact straight, it will cost the company a lot of moolah...

    First quarter, one .125 net well!!!! Most of this company's net is less than 2 to 3%....

    But then if you love high risk adventures, in the past 52 weeks you could have had a 10 fold share appreciation...

    They should consider purchasing the local chip company, Barrel's of Fun...

    ReplyDelete

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