Sundance Energy Corporation

Sundance Energy Corporation

December 01, 2011 07:30 ET

Sundance Updates S.E. Saskatchewan First Nation Ochapowace and Muskowekwan Project Areas

CALGARY, ALBERTA--(Marketwire - Dec. 1, 2011) - Sundance Energy Corporation ("Sundance" or the "Corporation") (TSX VENTURE:SNY)(OTCQX:SNYXF) announces that its Lestock 5-3-27-15 W2M Test Well (the "5-3 Test Well") has commenced drilling operations. The 5-3 Test Well is located on a 15,533 acre contiguous permit covering the Muskowekwan First Nation lands. The 5-3 Test Well is scheduled to take approximately two weeks to drill to contract depth, core approximately 90 metres of prospective formations and log to total depth. Potential zones of interest are the Second White Specks, Souris Valley (Lodgepole), Bakken, Torquay and Birdbear. Sundance has a 100% interest in the 5-3 Test Well.

Sundance also announces that testing operations on its Ochapowace 6-5-18-3 W2M Well (the "6-5 Well"), which was recently drilled, logged, cored and cased, will commence as soon as completion services can be coordinated and mobilized. Testing will include fracing two or more of the four prospective zones identified in the 6-5 Well. The 6-5 Well is located on Sundance's 39,656 contiguous acre permit encompassing the Ochapowace First Nation lands in S.E. Saskatchewan. Formations targeted for evaluation and completion in the 6-5 Well are the Second White Specks, Watrous, Souris Valley and Bakken.

Jeff Standen, President and CEO of Sundance stated "We are very excited about both our Muskowekwan and Ochapowace exploration projects. Sundance has two very large contiguous blocks of land under permit all of which have been shot with 3D seismic. Sundance also has the advantage of being able to evaluate seven proprietary well logs from recent wells drilled on the Permit lands by Encanto Potash Corporation (TSX VENTURE:EPO). The 5-3 Test Well is up structure from one of the EPO wells that has interpreted bypassed pay in at least two formations. If successful, the 5-3 Test Well and the large interpreted closed structure that it is situated on, could result in a very significant discovery in a new exploration area."

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".

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.

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.

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