Corporate O verview  and Strategy 
Sundance E nergy A ustralia Lim ited (A SX : SE A ) is an 
onshore oil and natural gas com pany focused on the 
exploration, developm ent and production of large, 
repeatable resource plays in N orth A m erica. The C om pany’s 
oil and natural gas properties are located in prem ier U .S. 
oil and natural gas basins, and its current operational 
activities are focused in south Texas targeting the E agle 
F ord form ation (‘‘E agle F ord’’) and north central O klahom a 
targeting the M ississippian and W oodford form ations 
(‘‘M ississippian/W oodford’’). 
The C om pany utilises its U .S.-based m anagem ent and 
technical team  to appraise, develop, produce and grow  its 
portfolio of assets. The C om pany’s strategy focuses on 
generating cash flow  from  its existing production base, 
developing assets w here it is the operator and has high 
w orking interests, exploring for additional resources 
w ithin its existing basins and pursuing strategic m erger 
and acquisition opportunities, w hich positions it to 
control the pace of its developm ent and the allocation 
of capital resources. 
Contents 
Perform ance Sum m ary .......................................................1
C hairm an’s Letter ................................................................2
M anaging D irector’s Letter ..................................................4
F inancial O verview .............................................................6
O perations O verview ..........................................................8
E agle F ord .........................................................................10 
G reater A nadarko .............................................................12 
D irectors’ Report ...............................................................15 
Rem uneration Report .......................................................28 
A uditor’s Independence D eclaration .................................45 
C orporate G overnance ......................................................46 
F inancial Inform ation .......................................................54 
D irectors’ D eclaration .....................................................10 6 
A uditor’s Report ..............................................................10 7 
A dditional Inform ation ...................................................10 9 
C orporate Inform ation ....................................................111 
F orw ard-Looking Statem ents .........................................111 
C om petent Persons Statem ent ........................................111 
Abbreviations &  D efinitions 
1 P Reserve s— proved reserves w hich have at least a 90 % 
probability that the quantities actually recovered w ill equal or 
exceed the estim ate 
2P Reserve s— proved plus probable reserves w hich have at 
least a 5 0 %  probability that the quantities actually recovered 
w ill equal or exceed the estim ate 
3P Reserve s— proved plus probable plus possible reserves 
w hich have at least a 1 0 %  probability that the quantities 
actually recovered w ill equal or exceed the estim ate 
Enterprise Value or E V — m arket capitalisation less cash 
plus debt 
PV1 0 — discounted cash flow s of the Com pany’s reserves 
using a 1 0 %  discount factor 
Bb l— one barrel of oil 
BO E— a barrel of oil equivalent, using the ratio of six M cf of 
natural gas to one Bbl of crude oil 
BOEP D — barrels of oil equivalent per day 
Constant Cas e— the reserve report case using first of m onth 
average pricing for the trailing 1 2 m onths held constant 
throughout the life of the reserves as prescribed by the U S 
Securities and Exchange Com m ission (SEC) 
M BO E— a thousand barrels of oil equivalent 
M M BO E— a m illion barrels of oil equivalent 
M Bb l— a thousand barrels of crude oil 
M c f— one thousand cubic feet of natural gas 
M M c f— one m illion cubic feet of natural gas 
M — w hen used w ith $ equals m illions