Wednesday, November 16, 2016

​SUNDANCE ENERGY AUSTRALIA LIMITED ANNOUNCES ADR CONVERSION PROGRAM


DENVER, Nov 15 (Bernama-GLOBE NEWSWIRE) -- Sundance Energy Australia Limited (ASX:SEA) (NASDAQ:SNDE) (“Sundance” or the “Company”), is a U.S. onshore oil and gas exploration and production company focused in the Eagle Ford and Greater Anadarko Basin.

As previously announced, Sundance Energy Australia Limited (“Sundance”) maintains a sponsored American Depositary Receipt (“ADR”) program with The Bank of New York Mellon (“BNYM”).  An ADR is an issued receipt that represents ordinary shares of a company based outside the United States that are held in custody in respect of the ADR program.  The ADRs of Sundance are traded on the NASDAQ market under the symbol “SNDE.”  Each ADR represents ownership of 100 (one-hundred) Sundance ordinary shares. 

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