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BRIEF-Sundance Energy Australia Posts Qtrly Income Attributable Of $64.7 Million

Published 28/03/2019, 07:48 am
© Reuters.  BRIEF-Sundance Energy Australia Posts Qtrly Income  Attributable Of $64.7 Million
SEA
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March 28 (Reuters) - Sundance Energy Australia Ltd SEA.AX :

* TOTAL REVENUE FOR QUARTER INCREASED ABOUT 105.7% TO US $58.3 MILLION

* AVERAGE SALES VOLUMES ARE TARGETED AT 14,000 TO 15,000 BOE PER DAY FOR 2019

* INTENDS TO BRING 25 WELLS ONLINE DURING FULL YEAR 2019, AT A CAPITAL COST OF US $135 TO 155 MILLION.

* EXPECTS TO GENERATE US $165 TO 180 MILLION IN ADJUSTED EBITDAX FOR 2019

* AVERAGE SALES VOLUMES ARE TARGETED AT 11,500 TO 12,500 BOE PER DAY FOR Q1

* QTRLY INCOME ATTRIBUTABLE $64.7 MILLION VERSUS LOSS OF $ 10.7 MILLION

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