Sundance Energy Secures Farm-in Partners For Alexander Project, Central Alberta, Obtains Ochapowace, S.E. Saskatchewan Drilli...

Sundance Energy Corporation (TSX VENTURE:SNY)(OTCQX:SNYXF) ("Sundance" or the
"Corporation") is pleased to announce that it has entered into participation
agreements (the "Farm-out") for a portion of its 50% owned, 27 contiguous
section (17,280 acre) Alexander Property and is in the process of obtaining 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").


Pursuant to the terms of the Farm-out, Sundance will receive a $120,000.00
equalization payment from the Participants. The Participants will then pay 33%
of the costs to drill, complete and equip the 16A-11 Test Well in order to earn
a 21% working interest in the well and the applicable drilling spacing unit.
Sundance will pay 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 earn the right to participate for a 17.5% working interest in future
wells drilled on 5 of the 27 sections (3,200 acres) of land that comprises the
Alexander Property (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 comprises 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 will be the operator of the 16A-11 Test Well and will remain the
operator of 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.
Drilling of the 16A-11 Test Well is planned to commence before calendar yearend.


The Farm-Out is subject to review and approval by the TSX Venture Exchange.

Ochapowace, S.E. Saskatchewan Drilling Extension

Sundance also announces that it has obtained approvals from the Chief and
Council of the Ochapowace First Nation to extend the Corporation's drilling
commitments on IOGC Permit #OP-3293 in S.E. Saskatchewan (the "Ochapowace
Permit") from December 31, 2012 until December 31, 2013. The drilling commitment
extension is subject to final approval by Indian Oil and Gas Canada ("IOGC").


A drilling license for the next well to be drilled on the Ochapowace Permit, the
Ochapowace 16- 32-17-3W2M well (the "16-32 Vertical Test Well"), has been
obtained and Sundance is currently in the process of finalizing the surface
lease application with IOGC. The 16-32 Vertical Test Well has been identified
utilizing 3D seismic data. The 16-32 Vertical Test Well will be drilled at a
location which is approximately 12 meters structurally higher from Sundance's
Ochapowace 6-5 Vertical Test Well (drilled and standing cased), which
encountered very thick but wet Jurassic age sands interpreted to be comparable
to sands producing economic light oil on proximal lands in the Wapella, Red
Jacket and Coothill oil fields. The Ochapowace 6-5 Vertical Test Well also
recovered minor amounts of free oil from both the Bakken and Lodgepole
formations. Sundance feels that by moving up structure in a more favorable
location from the oil shows in the Ochapowace 6-5 Vertical Test Well, the
Ochapowace 16-32 Vertical Test Well may be ideally situated to trap hydrocarbons
in the Bakken, Lodgepole and Birdbear formations as well as the shallower
Jurassic Sands. Drilling of the Ochapowace 16-32 Vertical Test Well is planned
to commence in the first quarter of 2013. Sundance intends to drill the
Ochapowace 16- 32 Vertical Test Well with large enough casing to allow a
horizontal leg(s) to be kicked-off from the well if a target formation is
encountered that warrants horizontal drilling. Sundance owns 100% interest in
the Ochapowace Permit and is the operator.


Shareholder Meeting

Sundance further announces that it has mailed materials for its shareholder
meeting (the "Meeting Materials") to be held at its office located at Suite 500,
1414-8th Street S.W., Calgary, Alberta on Thursday, December 13, 2012 at 10:00
A.M. (MST). The Meeting Materials have been mailed to all shareholders of record
as of the close of trading on November 9, 2012.


In addition to standard annual meeting matters, Sundance will seek shareholder
approval to consolidate its common shares, at the discretion of its Board of
Directors, on the basis of up to one post-consolidation share for every ten
pre-consolidation shares. Sundance's Board of Directors does not currently
intend to give effect to any share consolidation, however it wishes to obtain
approval to consolidate to provide greater flexibility, if required, to secure
financing for the development of its core properties at Alexander, Alberta and
Ochapowace, S.E. Saskatchewan.


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