CALGARY, Feb. 23, 2016 /CNW/ - Cequence Energy Ltd. ("Cequence" or the "Company") (TSX: CQE) is pleased to announce the results of its year-end reserve evaluation as prepared by its qualified independent reserve evaluator. The audit of the Company's 2015 annual financial statements has not been completed. Accordingly, all financial amounts relating to the 2015 financial statements referred to in this news release are [...]
CALGARY, Feb. 4, 2016 /CNW/ - Cequence Energy Ltd. ("Cequence" or the "Company") (TSX: CQE) is pleased to announce its recent operating highlights. Simonette 16-33 Montney Well The Company's recent Simonette Montney well at 16-33-61-27W5 utilized a new completion design and was highly successful based on initial results. The average production rate for the last seven days was 1,800 boe/d (7.5 mmcf/d and 550 bbl/d of [...]
CALGARY, Dec. 1, 2015 /CNW/ - Cequence Energy Ltd. ("Cequence" or the "Company") (TSX: CQE) is pleased to announce the Company has voluntarily elected to reduce its maximum borrowing capacity under its credit facility to $60 million (previously $135 million). The reduced facility is part of the Company's ongoing cost reduction initiatives and will save excess standby and commitment fees. The Company is currently undrawn [...]
CALGARY, Nov. 12, 2015 /CNW/ - Cequence Energy Ltd. ("Cequence" or the "Company") (TSX: CQE) is pleased to announce its operating and financial results for the third quarter of 2015. The Company's Consolidated Financial Statements and Management's Discussion and Analysis are available at www.cequence-energy.com and on SEDAR at www.sedar.com. Third Quarter 2015 Highlights During the third quarter Cequence completed its [...]
CALGARY, Oct. 14, 2015 /CNW/ - Cequence Energy Ltd. ("Cequence" or the "Company") (TSX: CQE) announces that its Board of Directors has determined that it is timely, prudent and in the best interests of shareholders to initiate a formal process to explore strategic alternatives with a view to enhancing shareholder value. Such strategic alternatives may include, but are not limited to, a corporate sale, merger or other [...]
CALGARY, Aug. 13, 2015 /CNW/ - Cequence Energy Ltd. ("Cequence" or the "Company") (TSX: CQE) is pleased to announce its operating and financial results for the second quarter of 2015. The Company's Consolidated Financial Statements and Management's Discussion and Analysis are available at cequence-energy.com and on SEDAR at www.sedar.com. Second Quarter 2015 Highlights Successfully drilled and completed a Dunvegan Oil [...]
CALGARY, Aug. 7, 2015 /CNW/ - Cequence Energy Ltd. ("Cequence" or the "Company") (TSX: CQE) was informed by Alliance Pipeline that an operational event has caused the pipeline company to call for all suppliers to suspend deliveries into the pipeline for an indeterminate period of time. As a result, Cequence has suspended approximately 7,500 boe/d of production, primarily from Simonette, for an indeterminate period of [...]
CALGARY, June 17, 2015 /CNW/ - Cequence Energy Ltd. ("Cequence" or the "Company") (TSX: CQE) is pleased to announce it has closed its previously announced transaction with Kanata Energy Group Ltd. ("KANATA") pursuant to which Cequence sold a 50% interest in its existing Simonette facilities and related infrastructure and Cequence and KANATA agreed to jointly fund an enhancement of the 13-11-62-27W5M Simonette gas [...]
CALGARY, June 4, 2015 /CNW/ - Cequence Energy Inc. (the "Company" or "Cequence") (TSX:CQE) held its annual meeting of shareholders on June 4, 2015 in Calgary. A total of 85,331,241 common shares ("Common Shares") of the Company, representing approximately 40.44% of Common Shares, were represented in person or by proxy at the meeting. During the regular business proceedings at the meeting, shareholders approved a [...]
CALGARY, May 26, 2015 /CNW/ - Cequence Energy Ltd. ("Cequence" or the "Company") (TSX: CQE) is pleased to announce it has entered into agreements with Kanata Energy Group Ltd. ("KANATA") pursuant to which Cequence will sell a 50% interest in its existing Simonette facilities and related infrastructure and Cequence and KANATA will jointly fund an enhancement of the 13-11-62-27W5M Simonette gas compression and dehydration [...]
CALGARY, May 14, 2015 /CNW/ - Cequence Energy Ltd. ("Cequence" or the "Company") (TSX: CQE) is pleased to announce its operating and financial results for the three month period ended March 31, 2015. The Company's Consolidated Financial Statements and Management's Discussion and Analysis are available at cequence-energy.com and on SEDAR at www.sedar.com. First Quarter 2015 Highlights Successfully completed the 13 well [...]
CALGARY, March 5, 2015 /CNW/ - Cequence Energy Ltd. ("Cequence" or the "Company") (TSX: CQE) is pleased to announce its operating and financial results for the periods ended December 31, 2014, an operational update and the results of its year-end independent reserve evaluation. The Company's Audited Consolidated Financial Statements and Management's Discussion and Analysis available at cequence-energy.com and on SEDAR at [...]