EA G LE FO RD 
The Eagle Ford continues to have one of the highest internal 
rates of return of any of the U S unconventional resource plays. 
B ecause of its relatively low  operating costs, 
the E agle F ord to rem ains profitable during 
current oil com m odity pricing conditions. 
Sundance has quickly transform ed the E agle 
F ord position acquired in its m erger w ith 
Texon Petroleum  Ltd to its m ost valuable 
asset in its portfolio through developm ent 
and grow ing its drilling inventory . 
In 20 14, the C om pany 
brought 35 gross (26.1 
net) E agle F ord w ells into 
production by D & P investm ents of $244 m illion. Through $26 
m illion of direct m ineral leases and $36 m illion of acquisitions 
in 20 14, the C om pany increased its E agle F ord acreage position 
to 20 ,7 42 net acres, w hich represents 153.7  net undrilled 
3P Reserves locations. 
Since its entrance into the E agle F ord in M arch 20 13, the C om pany has: 
• increased its production over 10 x to a 20 14 exit rate of 8 ,17 7  B O E PD  (a 290  
percent C A G R); 
• increased 1P C onstant C ase Reserves by 10 x to 18,132 M B O E  (PV 10  of $449.3 m illion 
(an 18x increase)); 
• increased its acreage to approxim ately 33,0 0 0  net acres, prim arily in the volatile oil 
and condensate w indow  of the E agle F ord (includes 14,180  net acres acquired in January 
20 15 and excludes 5,418 net acres targeting the G eorgetow n F orm ation in neighboring 
M averick C ounty); 
• increased its producing w ell count to 77 
gross (53.8 net), w ith an additional 19 gross 
(10 .6 net) w ells in progress at year-end; 
• increased its undrilled 3P Reserves drilling 
locations to 153.7 net; w hich represents a 
4.3 year drilling inventory (assum ing tw o rig 
program  drilling 36 net w ells per year and 
40 -80  acre spacing) 
EAG LE FO RD 
A s at and for the Year Ended 31 D ecem ber 2014 
Production (boe) 1 ,6 96 ,5 49 
Production (BO EPD ) 4,6 48 
Liquids %  of sales 91 % 
Exit Rate (BO EPD ) 8,1 77 
D & P Capital Invested $ 244,1 3 4 
E& E Capital Invested and A cquisitions $   5 9,90 3  
G ross producing w ells 77 
N et Producing w ells 5 3 .8 
G ross W ells in Progress 1 9 
N et W ells in Progress 1 0 .6  
N et A cres 26 ,1 6 0  
EAG LE FO RD CO N STAN T CASE RESERVES 
A s at and for the Year Ended 31 D ecem ber 2014 
1 P Reserves (m boe) 1 8,1 3 1.9 
3 P Reserves (m boe) 1 0 0 ,40 4.1  
1 P Reserves (PV1 0  ($0 0 0 s)) $     449,287 .5  
3 P Reserves (PV1 0  ($0 0 0 s)) $ 1 ,20 2,3 1 3 .1  
N et 1 P Reserves D rilling Locations 42.6  
N et 3 P Reserves D rilling Locations 1 5 3 .7 
1 0 
50 
100 
150 
200 
1.0 
2.0
3.0
4.0
5.0
NET EAGLE FORD DRILLING LOCATIONS 
(excluding contingent resources)
 JAN-13 JAN-14 JAN-15 
I PROVED 
I PROBABLE AND POSSIBLE 
—— DRILLING INVENTORY (YEARS)