Sun Resources NL
"a dynamic conventional oil & gas exploration and production company"
Sun Resources NL ("Sun Resources") is listed on the Australian Stock Exchange (ASX) under code SUR. Sun Resources' strategic levels of project equity, plus its modest market capitalization means that the company is very highly leveraged in its ongoing exploration programs. Key exploration assets are in the states of Texas and Louisiana in the United States of America, Thailand, Malta and Australia with a small cash flow currently delivered from production assets in the onshore Gulf of Mexico region of the USA. Sun Resources' goal is to create shareholder value through strategic investments in proven oil & gas fairways, particularly onshore, where cash flow can be delivered quickly. Emphasis is on regions of the world that have excellent fiscal terms and low political risk; current focus areas are the onshore USA and Thailand.
Matthew Battrick
Managing Director
Current Announcements
Delta Project Update
23.01.2012
The Board of Sun Resources NL is pleased to report that further to the Delta Oil Project acquisition announcement dated 26 August 2011, Sun Resources has completed the acquisition of the fifth tranche of oil and gas leases in the Delta Oil Project, Texas...
Appendix 3Y
17.01.2012
Lodgement of Appendix 3Y - Change of Director's Interest Notice for Mr M Battrick...
Appendix 3B
17.01.2012
Lodgement of Appendix 3B - New issue announcement,
application for quotation of additional securities
and agreement...
Appendix 3Z
03.01.2012
Lodgement of Appendix 3Z - Final Director's Interest Notice for Mr A P Woods...
Focus Project
Delta Oil Project (100% interest)
The Board of Sun Resources announced on 26 August 2011 that it had entered into a binding Term Sheet with a Houston based, private oil and gas company (“Vendor”), to acquire up to 10,000 net acres of oil and gas leases (Delta Oil Project), all located within the oil zone of the Eagle Ford Shale trend in Texas, USA. Sun Resources will acquire 100% working interests in all of the leases...
