Sundance Energy Australia postpones IPO

By Renaissance Capital,

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Sundance Energy Australia, a US oil and gas E&P operating in the Eagle Ford and Woodford formations, postponed its IPO on Friday citing poor market conditions. The Denver, CO-based company was founded in 2004 and booked $63 million in sales for the 12 months ended 9/30/2013. Wells Fargo Securities, Canaccord Genuity and UBS Investment Bank were set to be the joint bookrunners on the deal.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines IPOs
Referenced Stocks: SNDE

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