MARKETS

Sundance to exit Oklahoma

AUSTRALIAN-based US explorer Sundance Energy Australia has sold its assets in Oklahoma’s Anadarko Basin for a cool $US18.5 million ($A24 million), with the funds to be ploughed into its Eagle Ford Shale holdings in Texas.

Sundance to exit Oklahoma

Sundance had held interests in Oklahoma for most of its life, and had been looking to sell its remaining 18,500 acres and interests in 68 wells for some time.   The deal is backdated to August 1 last...

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