Sundance Energy Announces Share Consolidation and Proposed Private Placement of Debentures

Sundance Energy Corporation ("Sundance" or the "Corporation") (TSX VENTURE:SNY)
(OTCQX:SNYXF) announced today that effective Monday, September 30, 2013, it will
complete a consolidation of its share capital on the basis of one (1) new common
share for up to every existing five (5) common shares (the "Consolidation").
Where the exchange results in a fractional share, the number of common shares
will be rounded up to the nearest whole common share. The Board of Directors has
unanimously approved the Consolidation and believes that the Consolidation
should enhance the marketability of the common share as an investment and should
facilitate additional financings to fund operations in the future. Shareholder
approval of the Consolidation was obtained at the annual general and special
shareholders meeting held on December 13, 2012. A new CUSIP number of 86724T209
replaces the old CUSIP number of 86724T100, to distinguish between the pre- and
post- consolidated shares. The Corporation's name and trading symbol will remain
unchanged. 


Commencing at the opening of trading on Monday, September 30, 2013, the common
shares of the Corporation will trade on a post-Consolidation basis on the TSX
Venture Exchange. Following the Consolidation, there are expected to be
15,597,681 post-Consolidation shares outstanding. 


The Corporation further announces its intention to complete a non-brokered
private placement offering of 10% secured subordinated convertible debentures in
the principal amount of up to $500,000. The debentures will bear interest at the
rate of ten percent (10%) per annum, payable quarterly and will mature on the
date that is the earlier of: (a) five (5) years from the date of issuance; and
(b) the date that is sixty (60) days' following the receipt (the "60 Day Date")
by the Corporation of written notice from the holder of a debenture that the
term has been reduced to such 60 Day Date, which notice may be given in the
holder's sole discretion at any time during the period from two (2) years from
the date of issuance until five (5) years from the date of issuance of the
debenture. The debentures will be secured against the personal and real property
of the Corporation and will be convertible at the holder's option into common
shares of the Corporation (on a post-Consolidation basis) at a conversion price
of: (i) $0.05 per common share until the date that is one (1) year from the
closing date; and (ii) $0.10 per common share for the period from the date
following one (1) year from the closing date up to and including the maturity
date. 


A finder's fee of up to 10 percent of the gross proceeds of the offering may be
paid, on all or any portion of the finances raised pursuant to this offering. 


The closing of the offering is expected to occur on or about September 30, 2013
and is subject to regulatory approval, including approval of the TSX Venture
Exchange. For further details on the offering, please contact the Corporation.
All securities issued in connection with the offering will be subject to a hold
period of four months from the date of closing. The net proceeds from the
offering will be used to finance the Corporation's continuing capital program
and for general working capital purposes.


Forward Looking Statements

This press release contains certain statements which constitute forward-looking
statements or information ("forward-looking statements"), including statements
regarding Sundance's business and the proposed Consolidation. Such
forward-looking statements are subject to numerous risks and uncertainties, some
of which are beyond Sundance's control, including the impact of general economic
conditions, industry conditions, volatility of commodity prices, currency
fluctuations, imprecision of reserve estimates, environmental risks, operational
risks in exploration and development, competition from other industry
participants, the lack of availability of qualified personnel or management,
stock market volatility and the ability to access sufficient capital from
internal and external sources. Although Sundance believes that the expectations
in its forward-looking statements are reasonable, they are based on factors and
assumptions concerning future events which may prove to be inaccurate. Those
factors and assumptions are based upon currently available information. Such
statements are subject to known and unknown risks, uncertainties and other
factors that could influence actual results or events and cause actual results
or events to differ materially from those stated, anticipated or implied in the
forward looking information. As such, readers are cautioned not to place undue
reliance on the forward looking information, as no assurance can be provided as
to future results, levels of activity or achievements. The forward-looking
statements contained in this document are made as of the date of this document
and, except as required by applicable law, Sundance does not undertake any
obligation to publicly update or to revise any of the included forward-looking
statements, whether as a result of new information, future events or otherwise.
The forward-looking statements contained in this document are expressly
qualified by this cautionary statement.


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Sundance Energy Corporation
Jeffrey Standen
President and Chief Executive Officer
[phone]