text: At year end, we had 197 gross 3P Reserves drilling locations across our Eagle Ford 
  acreage where we continue to pursue operational and drilling efficiencies, opportunities 
  to further improve well economics by improving recoveries and reducing costs. In 2014 
  this included a switch to pad drilling with zipper fracs and new completion techniques 
  that have provided significant upside in production. 
  
  *The Company has a*
  *strong balance sheet to*
  *withstand the current low*
  *oil price environment,*
  *and our sound financial*
  *management strategy*
  *has seen the Company*
  *well supported by*
  *both new and existing*
  *investors in Australia*
  *and internationally.*
  
  Despite our current scaling back of drilling activity, we have set 2015 production guidance 
  at 7,850 – 8,500 BOEPD, an increase from the previous year of some 13 – 17 percent, 
  but a target that we believe is achievable while maintaining acceptable levels of liquidity 
  given our demonstrated abilities and growing footprint in the Eagle Ford. 
  
  Safety and Environment 
  Sundance has a strong culture throughout the organisation of ensuring that high standards 
  of safety are maintained and that our operations are conducted in an environmentally 
  responsible way. During 2014 our comprehensive safety program was enhanced and 
  further improvements will be a strong focus throughout 2015. 
  
  A strong financial position 
  Sundance is well placed for future growth in the Eagle Ford. The Company has a strong 
  balance sheet to withstand the current low oil price environment, and our sound financial 
  management strategy has seen the Company well supported by both new and existing 
  investors in Australia and internationally. 