Sundance Energy Closes Alexander Property, Central Alberta Farm-Outs

Sundance Energy Corporation (TSX VENTURE:SNY)(OTCQX:SNYXF) ("Sundance" or the
"Corporation") is pleased to announce that further to its news release dated
November 19, 2012, it has closed nine participation agreements (the "Farm-outs")
for a portion of its 50% owned, 27 contiguous section (17,280 acre) Alexander
Property and has received a license to drill a test well at 16-11-56-27-W4M (the
"16A-11 Test Well"). The Alexander Property is located just northeast of the
city of Edmonton, Alberta and immediately adjacent to a Detrital Sand and
Alexander Sand light oilfield that is undergoing continued development by
another operator. The Farm-Out participants consist of a group of arms length
and non-arms length parties (the "Participants"). Sundance anticipates that
drilling of the 16A-11 Test Well will commence this weekend.


Three of the nine Participants are non-arm's length parties ("Non-Arm's Length
Participants"). Each Non-Arm's Length Participant has paid Sundance a $20,000
equalization payment for expenses previously incurred on the Alexander Property,
and is paying 5% of the costs to drill, complete and equip the 16A-11 Test Well
to each earn a 3% working interest in the 16A-11 Test Well and the applicable
drilling spacing unit. By participating in the 16A-11 Test Well each of the
Non-Arm's Length Participants will also earn the right to participate for a 2.5%
working interest in future wells drilled on 5 of the 27 sections (3,200 acres)
of land that comprise the Alexander Property (the "Farm-out Lands").


Cumulatively, the Farm-Outs have provided Sundance with $120,000 in equalization
payments from the Participants. The Participants are cumulatively paying 33% of
the costs to drill, complete and equip the 16A-11 Test Well in order to
cumulatively earn a 21% working interest in the well and the applicable drilling
spacing unit. Sundance is paying 17% of the costs to drill, complete and equip
the 16A-11 Test Well and will maintain a 29% working interest in the well and
the applicable drilling spacing unit. By participating in the 16A-11 Test Well
the Participants will also cumulatively earn the right to participate for a
17.5% working interest in future wells drilled on the Farm-Out Lands. Sundance
will maintain a 32.5% working interest in the Farm-out Lands and a 50% working
interest in the other 22 sections (14,080 acres) of land that comprise the
Alexander Property. If at any time in the future a Participant declines on its
right to participate in its working interest on a well proposed to be drilled on
the Farm-out Lands, the Participant will lose all rights to participate in
future wells to be drilled on the Farm-out Lands.


Sundance is the operator of the 16A-11 Test Well and the Alexander Property. The
16A-11 Test Well has been identified utilizing extensive 3D seismic data and
modeling. The 16A-11 Test Well is primarily targeting light oil production from
the Detrital Sand formation and secondly light oil production from the shallower
Alexander Sand formation.


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".


Forward Looking Statements & Additional Cautionary Language

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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Sundance Energy Corporation
Jeffrey Standen
President/CEO
[phone]
[phone] (FAX)
[e-mail]
www.sundance-energy.ca