Mr. Jeffrey Standen reports
SUNDANCE ENERGY ANNOUNCES ACQUISITION OF P+NG MINERAL RIGHTS UNDERLYING THE ALEXANDER FIRST NATIONS RESERVE
Sundance Energy Corp. has acquired a 50-per-cent interest in an Indian oil and gas Canada permit covering all of the available petroleum and natural gas rights underlying the Alexander First Nations reserve, located in central Alberta. The Alexander First Nation permit comprises 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 3-D seismic program that will be shot as soon as possible. The Alexander First Nation lands have the potential for multizone light oil and natural gas production at relatively shallow depths with existing infrastructure in the area.
We seek Safe Harbor.
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