DENVER, Aug 1 (Bernama-GLOBE NEWSWIRE) -- Sundance Energy Australia Limited (ASX:SEA) (NASDAQ:SNDE) (“Sundance” or the “Company”), a U.S. onshore oil and gas exploration and production company focused in the Eagle Ford in South Texas, is pleased to announce that it has entered into a $30,000,000 revenue advance facility with Vitol, Inc., part of The Vitol Group which is one of the largest independent energy trading groups in the world.
Oil is priced at market plus or minus any gain or loss on hedging. The revenue advance is repaid through the delivery of oil production at a rate of $20 per gross barrel in Q4 2017 and $25 per gross barrel in Q1 of 2018. The facility may be extended by mutual agreement of the parties.
Eric McCrady, CEO of Sundance commented that “we are very pleased to enter into this Revenue Advance Facility with Vitol. Beginning this relationship with Vitol gives Sundance a high quality partner to expand its access to international markets and finalization of this Facility provides significant near term liquidity for the Company to execute its near term business plan.”
About Sundance Energy Australia Limited
Sundance Energy Australia Limited (“Sundance” or the “Company”) is an Australian-based, independent energy exploration company, with a wholly owned US subsidiary, Sundance Energy Inc., located in Denver, Colorado, USA.
The Company is focused on the acquisition and development of large, repeatable oil and natural gas resource plays in North America. Current activities are focused in the Eagle Ford. A comprehensive overview of the Company can be found on Sundance’s website at www.sundanceenergy.net
Summary Information
The following disclaimer applies to this document and any information contained in it. The information in this release is of general background and does not purport to be complete. It should be read in conjunction with Sundance’s periodic and continuous disclosure announcements lodged with ASX Limited that are available at www.asx.com.au and Sundance’s filings with the Securities and Exchange Commission available at www.sec.gov.
Forward Looking Statements
This release may contain forward-looking statements. These statements relate to the Company’s expectations, beliefs, intentions or strategies regarding the future. These statements can be identified by the use of words like “anticipate”, “believe”, “intend”, “estimate”, “expect”, “may”, “plan”, “project”, “will”, “should”, “seek” and similar words or expressions containing same.
These forward-looking statements reflect the Company’s views and assumptions with respect to future events as of the date of this release and are subject to a variety of unpredictable risks, uncertainties, and other unknowns. Actual and future results and trends could differ materially from those set forth in such statements due to various factors, many of which are beyond our ability to control or predict. These include, but are not limited to, risks or uncertainties associated with the discovery and development of oil and natural gas reserves, cash flows and liquidity, business and financial strategy, budget, projections and operating results, oil and natural gas prices, amount, nature and timing of capital expenditures, including future development costs, availability and terms of capital and general economic and business conditions. Given these uncertainties, no one should place undue reliance on any forward looking statements attributable to Sundance, or any of its affiliates or persons acting on its behalf. Although every effort has been made to ensure this release sets forth a fair and accurate view, we do not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
For more information, please contact:
United States
Eric McCrady, Managing Director
Tel: +1 (303) 543 5703
Australia
Mike Hannell, Chairman
Tel: +61 8 8363 0388
Source : Sundance Energy Australia Limited
--BERNAMA
Wednesday, 2 August 2017
INVIVOSCRIBE® RELEASES LEUKOSTRAT® CDX FLT3 MUTATION ASSAY AS CE-MARKED IVD ASSAY KIT
SAN DIEGO, Aug 2 (Bernama-GLOBE NEWSWIRE) -- Invivoscribe® Technologies Inc., a global company with decades of experience providing clonality and biomarker test solutions for the fields of oncology and personalized molecular medicine®, today announces the release of the CE-marked IVD version of its LeukoStrat® CDx FLT3 Mutation Assay which earlier this year was approved by the FDA1.
The assay identifies both internal tandem duplication (ITD) and tyrosine kinase domain (TKD) mutations, and identifies even large ITD mutations, missed using many current NGS-based assays. The kit includes CE-marked software that interprets data, generates mutant/wildtype signal ratios for ITD and TKD mutations, and predicts response to midostaurin.
http://mrem.bernama.com/viewsm.php?idm=29724
The assay identifies both internal tandem duplication (ITD) and tyrosine kinase domain (TKD) mutations, and identifies even large ITD mutations, missed using many current NGS-based assays. The kit includes CE-marked software that interprets data, generates mutant/wildtype signal ratios for ITD and TKD mutations, and predicts response to midostaurin.
http://mrem.bernama.com/viewsm.php?idm=29724
RESCALE ANNOUNCES SOUTHEAST ASIA EXPANSION WITH THE APPOINTMENT OF ZAC LEOW AS DIRECTOR, SOUTHEAST ASIA
SINGAPORE, Aug 2 (Bernama-BUSINESS WIRE) -- Rescale, the San Francisco-based global leader for turnkey big compute solutions, is pleased to announce the launch of its Singapore office covering Southeast Asia. The office will be managed by Zac Leow who brings 20 years of regional experience in managing startup company growth related to business applications and hardware infrastructure. He carries a strong track record of bringing new solutions to local markets as well as experience in massively scalable applications, IoT, mobile apps, analytics, security, and cloud-hosted PaaS and SaaS applications. Singapore has fast become a high-tech digital hub for the region, and Leow will be working with local partners to promote Rescale’s leading solutions to end users and IT professionals across multiple industries.
“Rescale is at the leading edge of HPC and big compute in the cloud, and has the widest industry software support,” commented Leow. “I am honored to head the Singapore office and to help customers in Southeast Asia accelerate and optimize their engineering and scientific simulations using Rescale’s innovative platform. Rescale has some of the most amazing engineering talents a company can have.”
http://mrem.bernama.com/viewsm.php?idm=29723
“Rescale is at the leading edge of HPC and big compute in the cloud, and has the widest industry software support,” commented Leow. “I am honored to head the Singapore office and to help customers in Southeast Asia accelerate and optimize their engineering and scientific simulations using Rescale’s innovative platform. Rescale has some of the most amazing engineering talents a company can have.”
http://mrem.bernama.com/viewsm.php?idm=29723
Tuesday, 1 August 2017
7-ELEVEN MALAYSIA, CARING FOR OUR COMMUNITY
7-Eleven Malaysia engages the community for its annual charity programme, Semurni Kasih
KUALA LUMPUR, Aug 1 (Bernama) -- 7-Eleven Malaysia, the largest stand-alone convenience store chain in Malaysia has engaged with customers to support the underprivileged community through their annual CSR initiative, Semurni Kasih under the Community Care program. The campaign is held in conjunction with the month of Ramadhan, from 24th May to 3rd July 2017 and encouraged patrons to donate necessities purchased from 7-Eleven by dropping them into contribution boxes placed in more than 2,100 stores nationwide.
http://mrem.bernama.com/viewsm.php?idm=29722
EZAKI GLICO CO., LTD. LAUNCHES ENGLISH VERSION OF POPULAR EDUCATIONAL APP GLICODE (TM)
OSAKA, Japan, July 31 (Bernama-AsiaNet) --
| Ezaki Glico Co., Ltd. (Ezaki Glico: https://www.glico.com/global/), is pleased to announce the launch of an English version of GLICODE (TM) -- a fun-educational programming app that allows kids as young as six to learn the basics of programming using Ezaki Glico's popular confectionary "Pocky." (Photo: http://prw.kyodonews.jp/img/201707274144-O1-pdO74vV8) (Image1: http://prw.kyodonews.jp/img/201707274144-O2-2sC8395m) (Image2: http://prw.kyodonews.jp/img/201707274144-O3-xFyX68vZ) Download URL: http://cp.glico.jp/glicode/app-global/ Since its initial launch in Japan 2016, Ezaki Glico has organized and facilitated various GLICODE (TM) workshops across Japan and also participated in national programming events as well as overseas. GLICODE (TM) has also been recognized at many award shows like Cannes Lions, One Show and more. Through our efforts and recognition, Ezaki Glico has received many requests to localize the app for a larger market. In response to this, Ezaki Glico has decided to release an English version of GLICODE (TM). GLICODE (TM) webpage: http://cp.glico.jp/glicode/en/ GLICODE (TM) Youtube: https://youtu.be/UiWkUqKif6o Ezaki Glico believes GLICODE (TM) will benefit children everywhere, helping them learn the basics of programming and algorithmic thinking in a hands-on and engaging way. By lining up physical "Pocky", kids can build a coding sequence that controls the game's character. The app's UI, levels and gameplay are specifically designed to make learning simple, fun and interactive, and teaches the three basic fundamentals of programming: Basic Syntax, Loops and IF Statements. "Ever since its establishment, the business activities of Ezaki Glico have adhered to the corporate philosophy of 'Enhancing Public Health through Food.' This is the reason why Ezaki Glico launched this GLICODE (TM). GLICODE (TM) makes it possible for kids to learn programming easily in an enjoyable way by using our confectionary 'Pocky'," says Hirohisa Tamai, Assistant Global Brand Manager, Advertisement Division, Creative Team, Ezaki Glico. For over 95 years, Ezaki Glico has always believed that eating and playing are the two most important parts of a child's healthy growth and development. That's exactly why in 1922 the company founder, Mr. Ri-ichi Ezaki, launched Glico's first ever confectionary as a heart-shaped caramel with a toy. The iconic Glico caramel and its toy are loved by many Japanese and represent this very belief. As culture and technology change, Ezaki Glico has the opportunity to redefine what fun is and how Ezaki Glico as a company can better contribute to a child's growth and development. Ezaki Glico hopes GLICODE(TM) can act as a next-generation Glico caramel toy (Omo-cha), one that is just as educational as it is fun and that benefits a much larger community of children, not only in Japan but around the world. Reference: http://prw.kyodonews.jp/opn/release/201707274144/ SOURCE: Ezaki Glico Co., Ltd. --BERNAMA |
ENTRIES FOR 21ST JAPAN MEDIA ARTS FESTIVAL NOW OPEN
TOKYO, Aug. 1, 2017 /Kyodo JBN-AsiaNet/ --
The Japan Media Arts Festival Executive Committee is now accepting entries for the 21st Japan Media Arts Festival. All artists around the world, without distinction as to professional, amateur, independent, or commercial, are invited to submit their works to the four divisions -- Art, Entertainment, Animation, and Manga. Eligible are works completed or exhibited within a year before the deadline (September 10, 2016 - October 5, 2017). From each division, the jury committee will select winners of the Grand Prizes, Excellence Awards, and New Face Awards. All awards, including Special Achievement Awards and Jury Selections, will be announced in March 2018. Each of the winners from the four divisions will receive a trophy and prize money up to 600,000 yen, and also win an opportunity to present their works at the Exhibition of Award-winning Works in Tokyo in June 2018.
http://mrem.bernama.com/viewsm.php?idm=29721
The Japan Media Arts Festival Executive Committee is now accepting entries for the 21st Japan Media Arts Festival. All artists around the world, without distinction as to professional, amateur, independent, or commercial, are invited to submit their works to the four divisions -- Art, Entertainment, Animation, and Manga. Eligible are works completed or exhibited within a year before the deadline (September 10, 2016 - October 5, 2017). From each division, the jury committee will select winners of the Grand Prizes, Excellence Awards, and New Face Awards. All awards, including Special Achievement Awards and Jury Selections, will be announced in March 2018. Each of the winners from the four divisions will receive a trophy and prize money up to 600,000 yen, and also win an opportunity to present their works at the Exhibition of Award-winning Works in Tokyo in June 2018.
http://mrem.bernama.com/viewsm.php?idm=29721
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