S&P Capital IQ Initiates Coverage on Sundance Energy Corporation in Standard & Poor’s Factual Stock Reports
28 Octobre 2011 - 3:39PM
Business Wire
S&P Capital IQ announced today that it has commenced
Standard & Poor’s Factual Stock Report coverage on Sundance
Energy Corporation.
Sundance (OTCQX:SNYXF; TSX.V:SNY) has a variety of partnership
agreements in place with First Nations bands in Alberta and
Saskatchewan. Sundance is pursuing light oil prospects in the
prolific Bakken, Torquay, Second White Specks, Souris Valley and
Shaunavon Formations in South East Saskatchewan and additional
light oil prospects in Central Alberta. Sundance's corporate
philosophy is to establish mutually beneficial First Nations
relationships and the company has participated in numerous
transactions with more than 12 First Nations groups in Alberta and
Saskatchewan.
Sundance is moving forward with exploration programs on 70,000
net acres of First Nations lands in South East Saskatchewan, with
the possibility of earning an additional 75,000 net acres on other
First Nations lands in the same region. Sundance holds an exclusive
license to 2D and 3D seismic data as well as extensive proprietary
3D seismic data on its Saskatchewan First Nations lands. Sundance
is exploring for light oil in close proximity to industry majors
including Crescent Point Energy, PetroBakken Energy and Renegade
Petroleum.
In August 2011, Sundance received drilling licenses for 6 wells
including 4 on its approximately 40,000 contiguous acre Ochapowace
First Nation Permit (100% interest) and 2 on its approximately
17,000 contiguous acre Muskowekwan First Nation Permit (100%
interest). The Ochapowace 6-5 18-3 W2M well has been drilled,
cored, and cased and is awaiting completion and testing in four
separate zones. Drilling of the first well at Muskowekwan is
scheduled to commence in November 2011.
S&P Factual Stock Report coverage on Sundance Energy
Corporation will also be accessible on an ongoing basis to the
investment community by scores of buy-side institutions and
sell-side firms that utilize S&P research and information
platforms daily. Millions of self-directed investors also have
access to the report via their e-brokerage accounts. Please visit
www.sundance-energy.ca for additional information.
About Standard & Poor's Factual Stock Reports
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& Poor’s Factual Stock Reports provide factual research
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own account.
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