Regulatory approvals received for oil work on Alexander First Nation

Regulatory approvals received for oil work on Alexander First Nation Sundance Energy Corporation and Canadian Quantum Energy Corporation have received all regulatory approvals for both the drilling of the Sundance Alexander 16-11-56-27 W4M test well and for the shooting of a 3D seismic survey over a portion of the corporations’ Alexander First Nations permit. The 16-11 Well will evaluate the hydrocarbon potential in the Ellerslie, Detrital and Wabamun formations. Drilling operations are anticipated to take approximately one week to complete. The Alexander Project encompasses the entire Alexander First Nation home reserve which consists of 27 contiguous sections (17,280 gross acres).