Sundance Energy Corporation

August 29, 2011 09:00 ET

Sundance Energy Announces SE Saskatchewan Drilling Program

CALGARY, ALBERTA--(Marketwire - Aug. 29, 2011) - Sundance Energy Corporation ("Sundance" or the "Corporation") (TSX VENTURE:SNY) announces that it has received Drilling Licenses for six locations, four on its Ochapowace First Nation Permit and two on its Muskowekwan First Nation Permit, both of which are located in southeast Saskatchewan. Drilling of the first well is scheduled to commence on or about September 1, 2011.

The drilling program will commence with Sundance drilling two wells, one targeted at each of two separate seismically defined structures on the Ochapowace First Nation Permit, followed by two wells on the Muskowekwan First Nation Permit. Depending on the results from the first four wells, one or two additional wells may be drilled on the Ochapowace First Nation Permit. All of these initial test wells will be drilled to sufficient depths to evaluate the oil and natural gas potential in the Second White Specks, Shaunavon, Torquay and Bakken Formations. Ensign Drilling has been contracted by the Corporation to conduct the drilling and Codeco Engineering Consultants have been contracted to oversee and coordinate all aspects of the drilling operations.

Jeff Standen, President and CEO of Sundance states "We are pleased that the ground conditions have dried sufficiently to allow us to commence our drilling operations. Our team is excited to drill and evaluate these multi-zone targets that are located within close proximity to significant oil and natural gas pools dominated by industry majors. We look forward to providing regular updates to our shareholders as results are obtained."

Sundance Energy Corporation is a publicly traded junior oil and gas company whose main focus is exploring for oil and natural gas on First Nation lands in Western Canada. The Corporation's shares trade on the TSX Venture Exchange under the trading symbol "SNY".


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.

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.

Contact Information