July 26, 2011 -
SUNDANCE ENERGY ANNOUNCES ACQUISITION OF P + NG MINERAI RIGHTS UNDERLYING THE ALEXANDER FIRST NATIONS RESERVE
Calgary, Alberta, Canada – July 26, 2011 – Jeffrey Standen, President and CEO of Sundance Energy Corporation (“Sundance or the “Corporation”) TSXV - “SNY” announces that the Corporation has acquired a 50% interest in an Indian Oil and Gas Canada Permit covering all of the available P+NG rights underlying the Alexander First Nations Reserve, located in Central Alberta. The Alexander First Nation Permit is comprised of 6,946.17 gross hectares (17,365 gross acres) or approximately 27 sections of land.
Sundance, as operator, is in the process of configuring an extensive 3D seismic program that will be shot as soon as possible. The Alexander First Nation lands have the potential for multi-zone light oil and natural gas production at relatively shallow depths with existing infrastructure in the area.
Sundance is a well financed publicly trading junior oil and gas explorer whose primary focus is on First Nation lands in Western Canada. Sundance currently owns 70,000 gross and net acres in the S.E. Saskatchewan First Nations Project Area.
For further information:
Jeffrey Standen, President / CEO
Tel: (403) 538-8446
Fax: (403) 444-5042
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may contain certain forward‐looking information. All statements included herein, other than statements of historical fact, is forward‐looking information and such information involves various risks and uncertainties. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. A description of assumptions used to develop such forward‐looking information and a description of risk factors that may cause actual results to differ materially from forward‐looking information can be found in the company's disclosure documents on the SEDAR website at www.sedar.com. The Company does not undertake to update any forward‐looking information except in accordance with applicable securities laws.