Cequence Energy Announces Closing of $16 Million Flow-Through Share Offering

Cequence Energy Announces Closing of $16 Million Flow-Through Share Offering 
CALGARY, Dec. 5, 2012 /CNW/ - Cequence Energy Ltd. ("Cequence") (TSX: CQE) is 
pleased to announce that it has closed its previously announced short form 
prospectus offering of 8,560,000 common shares which were issued on a 
"flow-through" basis pursuant to the Income Tax Act (Canada) (the 
"Flow-Through Shares") at a price of $1.87 per Flow-Through Share for 
aggregate gross proceeds of approximately $16 million. The offering was 
conducted through a syndicate of underwriters that was led by Peters & Co. 
Limited and included Cormark Securities Inc., CIBC, GMP Securities L.P., 
National Bank Financial Inc. and Stifel Nicolaus Canada Inc. 
The purchasers of Flow-Through Shares will be entitled to renunciations from 
Cequence of Canadian Exploration Expenses in an amount equal to the 
subscription amount effective December 31, 2012. The gross proceeds from the 
offering will be used by Cequence to incur eligible Canadian Exploration 
Expenses on or before December 31, 2013. 
Cequence is a publicly traded Canadian energy company involved in the 
acquisition, exploitation, exploration, development and production of natural 
gas and crude oil in western Canada. Further information about Cequence may be 
found in its continuous disclosure documents filed with Canadian securities 
regulators at www.sedar.com. 
Forward Looking Information and Additional Advisories 
Certain information included in this press release constitutes forward-looking 
information under applicable securities legislation. Such forward-looking 
information is provided for the purpose of providing information about 
management's current expectations and plans relating to the future. Readers 
are cautioned that reliance on such information may not be appropriate for 
other purposes, such as making investment decisions. Forward-looking 
information typically contains statements with words such as "anticipate", 
"believe", "expect", "plan", "intend", "estimate", "propose", "project" or 
similar words suggesting future outcomes or statements regarding an outlook. 
Forward-looking information and statements in this press release may include, 
but are not limited to, information with respect to: development and 
exploration plans and the timing thereof; and the plans for the use of 
proceeds from the financing. Forward-looking information is based on a number 
of factors and assumptions which have been used to develop such information 
but which may prove to be incorrect. Although Cequence believes that the 
expectations reflected in its forward-looking information is reasonable, undue 
reliance should not be placed on forward-looking information because Cequence 
cannot give assurance that such expectations will prove to be correct. In 
addition to other factors and assumptions which may be identified in this 
press release, assumptions have been made regarding and are implicit in, among 
other things: reserves; field production rates and decline rates; the ability 
of Cequence to secure adequate product transportation; the timely receipt of 
any required regulatory approvals; the ability of Cequence to obtain qualified 
staff, equipment and services in a timely and cost efficient manner to develop 
its business; the ability of the operator of the projects in which Cequence 
has an interest in to operate the properties in a safe, efficient and 
effective manner; the ability of Cequence to obtain financing on acceptable 
terms; the ability to replace and expand oil and natural gas reserves through 
acquisition, development of exploration; the timing and costs of pipeline, 
storage and facility construction and expansion; future oil and natural gas 
prices; currency, exchange and interest rates; the regulatory framework 
regarding royalties, taxes and environmental matters; and the ability of 
Cequence to successfully market its oil and natural gas products. Readers are 
cautioned that the foregoing list is not exhaustive of all factors and 
assumptions which have been used. 
Forward-looking information is based on current expectations, estimates and 
projections that involve a number of risks and uncertainties which could cause 
actual results to differ materially from those anticipated by Cequence and 
described in the forward-looking information. The material risk factors 
affecting Cequence and its business are contained in Cequence's Annual 
Information Form which is available under Cequence's issuer profile on SEDAR 
at www.sedar.com. The forward-looking information contained in this press 
release is made as of the date hereof and Cequence undertakes no obligation to 
update publicly or revise any forward-looking information, whether as a result 
of new information, future events or otherwise, unless required by applicable 
securities laws. The forward looking information contained in this press 
release is expressly qualified by this cautionary statement. 
The Toronto Stock Exchange has neither approved nor disapproved the contents 
of this press release. 
Paul Wanklyn, President & CEO, (403) 218-8850,pwanklyn@cequence-energy.com 
David Gillis, VP Finance & CFO, (403) 806-4041,dgillis@cequence-energy.com 
SOURCE: Cequence Energy Ltd. 
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CO: Cequence Energy Ltd.
ST: Alberta
NI: OIL NEWSTK  
-0- Dec/05/2012 13:44 GMT
 
 
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