DENVER, Dec 27 (Bernama-GLOBE NEWSWIRE) -- Sundance Energy Australia Limited (ASX:SEA) (NASDAQ:SNDE) ("Sundance" or the "Company"), is a U.S. onshore oil and gas exploration and production company focused in the Eagle Ford and Greater Anadarko Basin.
Sundance Energy Australia Limited (ASX:SEA) is pleased to announce the acquisition of additional working interests in 23 gross (1.5 net) producing wells and 1,449 gross (130 net) acres in McMullen County, Texas for $7.1 million. As of the effective date of the transaction production from these wells, net to the acquired interests, was averaging approximately 300 boepd. Sundance currently operates 12 of the acquired wells.
Sundance Energy Australia Limited (ASX:SEA) is pleased to announce the acquisition of additional working interests in 23 gross (1.5 net) producing wells and 1,449 gross (130 net) acres in McMullen County, Texas for $7.1 million. As of the effective date of the transaction production from these wells, net to the acquired interests, was averaging approximately 300 boepd. Sundance currently operates 12 of the acquired wells.
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