Halliburton, Macquarie to Partner With Sundance on Prospects

Sundance Energy Australia Ltd. has entered a participation agreement with Halliburton Energy Services Inc. and a subsidiary of Macquarie Group Ltd. involving its Silo and Bull Canyon prospects located in the Denver- Julesburg Basin.

In return for the non-refundable participation payment, Halliburton and Macquarie may earn up to a combined 40 percent of Sundance’s working interest in both prospects, the company said in a statement.

To contact the editor responsible for this story: Victoria Batchelor at vbatchelor@bloomberg.net

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