Sundance Energy Corporation

Sundance Energy Corporation

February 28, 2012 06:30 ET

Sundance Energy Announces Positive Outcome From The Muskowekwan First Nation Mineral Rights Designation Vote

CALGARY, ALBERTA--(Marketwire - Feb. 28, 2012) - Sundance Energy Corporation ("Sundance" or the "Corporation") (TSX VENTURE:SNY)(OTCQX:SNYXF) announces that it has received the results of the Muskowekwan First Nation mineral rights designation vote which occurred on February 25, 2012. This vote was in regards to the designation of mineral rights for the Treaty Land Entitlement ("TLE") and pre-reserve lands, which lands are an addition to the already designated Muskowekwan First Nation Home Reserve. Of the Muskowekwan First Nation members that voted, 80% voted in favor of the designation.

As previously announced, Sundance is the beneficial owner of 100% interest in the oil and natural gas rights underlying the Muskowekwan First Nation Home Reserve (approximately 15,500 gross acres) by virtue of Indian Oil and Gas Canada Permit OP-3292. As a result of the positive designation vote Sundance, by virtue of a joint venture agreement with Muskowekwan Resources Ltd. (the 100% Band Owned Company of the Muskowekwan First Nation), has the right to increase its 100% ownership of mineral rights owned in the Muskowekwan Project to a total of 58,300 gross acres.

Sundance Energy Corporation is a junior publicly traded oil and gas company whose primary focus is exploring First Nation Lands in Western Canada. Sundance trades in Canada on the TSX Venture Exchange under the trading symbol "SNY" and on the OTCQX Exchange in the U.S.A. under the trading symbol "SNYXF".

Cautionary Statement

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved nor disapproved the information contained herein.

Forward Looking Statements

This news release contains forward-looking statements relating to the future operations of the Corporation and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding future plans and objectives of the Corporation, are forward looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Corporation's expectations are exploration risks detailed from time to time in the filings made by the Corporation with securities regulations.

The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of Sundance. As a result, we cannot guarantee that any forward-looking statement will materialize and the reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release, and Sundance does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by Canadian securities law.

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