Sundance Energy Australia Limited Announces Operating Results for the Month of September 2018; Provides Operating Guidance for the Third Quarter and Fourth Quarter of Fiscal 2018
The company expects third quarter of 2018 average daily production to be at the high end of its previously released guidance of 10,000 to 11,000 boepd. The company's production performance during the third quarter was driven by bringing 9 wells online, including 5 on the recently acquired Live Oak County acreage and 2 on the recently acquired Atascosa County acreage.
The company expects sales volumes of 14,000 15,000 boepd in the fourth quarter of 2018, a 32% increase over the third quarter.