NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS  Year ended 31 December  2014  US$’000  2013  US$’000  Escrow accounts  998  2,000  Other  -  19  Total other non-current assets  998  2,019  NOTE 20 – OTHER NON-CURRENT ASSETS  NOTE 21 – TRADE AND OTHER PAYABLES AND ACCRUED EXPENSES 2014 2013 Year ended 31 December  US$’000 US$’000 Oil and natural gas property and operating related 117,117  123,938  Administrative expenses, including salaries and wages  2,077  5,146  Total trade, other payables and accrued expenses  119,194  129,084  At 31 December 2013, the Group had payable balances of $16.7 million which was outside normal payment terms,  offset by a receivable balance of $11.7 million to the same creditor company (see Note 12 for additional  information). The Company’s remaining Bakken assets were sold to this company in July 2014, for approximately  $14.0 million, including the settlement of the net liability.  NOTE 22 – CREDIT FACILITIES 2014  2013  Year ended 31 December  US$000  US$000  Senior Credit Facility  95,000  15,000  Junior Credit Facility  35,000  15,000 Total credit facilities  130,000  30,000  Deferred financing fees  (1,195)  (859)  Total credit facilities, net of deferred financing fees  128,805  29,141  Junior Credit Facility  In August 2013, Sundance Energy, Inc. (“Sundance Energy”), a wholly owned subsidiary of the Company, entered  into a second lien credit agreement with Wells Fargo Energy Capital, Inc., as the administrative agent (the “Junior  Credit Facility”), which provides for term loans to be made in a series of draws up to $100 million. The Junior Credit  Facility matures in June 2018 and is secured by a second priority lien on substantially all of the Company’s assets.  Upon entering into the Junior Credit Facility, the Company immediately borrowed $15 million pursuant to the terms  of the Junior Credit Facility and paid down the outstanding principal of the Senior Credit Facility. In May 2014, the  Company’s borrowing capacity increased to $35 million. As at 31 December 2014, the borrowing capacity under the  Junior Credit Facility remains at $35 million.  - 86 - 