Sundance Energy Australia Reports Negative Cash Flow of $381,000 for the 30 September 2009 Quarter (SEA.AX, 01005356, 20091030)

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Sundance Energy Australia Reports Negative Cash Flow of $381,000 for the 30 September 2009 Quarter
Friday October 30, 2009, 9:38 am

Original Announcement: Quarterly Cashflow Report

Sundance Energy Australia reported negative cash flow of $381,000 for quarter ended 30 September 2009. Operating cash flow for the period was $(848,000). Payments for exploration and evaluation were $(429,000). Investing cash flow was $467,000. Financing cash flow was nil. Cash in hand at the end of the quarter was $3.51m.

Current Quarter $A'000- 30 September 2009 Year to Date $A'000-3 Months
Net Operating Cash Flows (848) (848)
Net Investing Cash Flows 467 467
Total Operating and Investing Cash Flows (381) (381)
Net Financing Cash Flows 0 0
Net Increase (Decrease) in Cash Held (381) (381)
Cash at Beginning of Quarter/Year to Date 4,193 4,193
Cash at End of Quarter 3,509 3,509