Sundance Announces Lease Acquisition Lashburn Area, Saskatchewan

Sundance Energy Corporation (TSXV:SNY) has entered into a three year petroleum and natural gas lease agreement with Indian Oil and Gas Canada in the Lashburn West Sparky oilfield.

As quoted in the press release:

The Lashburn Lands are part of the Moosomin First Nation Treaty Entitlement Reserve lands. The lease agreement provides that Sundance will drill a minimum of one test well to a contract depth of 550 meters subsurface or 5 meters into the GP Formation, whichever is the lesser depth, in the first year of the lease term and a minimum of one additional test well per year thereafter during the primary term of the lease.

Click here to read the Sundance Energy Corporation (TSXV:SNY) press release