Cequence Energy announces Dunvegan discovery at Simonette/Resthaven

Cequence Energy announces Dunvegan discovery at Simonette/Resthaven 
CALGARY, Feb. 11, 2013 /CNW/ - Cequence Energy Ltd. ("Cequence" or the 
"Company") (TSX: CQE) is pleased to announce the results from its first 
Dunvegan horizontal gas well at Simonette/Resthaven. The Cequence operated 
10-02-061-02W6 well was drilled to a final measured depth of 4,443 meters, 
including approximately 1,791 meters of horizontal section in the Dunvegan 
formation. A total of sixteen 40 tonne fracs were successfully placed using a 
frac port system. The well flowed on clean-up for 53 hours at a final rate of 
16.4 MMcf/d plus liquids with 2380 psi flowing casing pressure. The well is 
currently producing at a facilities restricted rate of 8.0 mmcf/d at a flowing 
casing pressure of 2770 psi. The 10-02 well is the second of three farm-in 
commitment wells and Cequence will retain a 65 percent working interest in 
nine sections of prospective land at Resthaven. 
Cequence management believes that this successful test validates up to 12.0 
(7.8 net) locations for liquids rich natural gas in the Dunvegan formation. 
Well costs to drill and complete the 10-02 well are estimated to be 
approximately $8.5 million and are expected to decrease as the pool is 
developed in the future. 
Cequence is pleased with the results of this exploratory success. The Dunvegan 
success adds to the already extensive Montney, Wilrich and Falher resource 
opportunities identified on Cequence's 220 section Simonette land base. 
Cequence is presenting February 14, 2013 at the National Bank Intermediate 
Energy Growth and Yield Conference in Toronto. A revised corporate 
presentation is available at cequence-energy.com. 
Further Information 
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 
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 in this press release may include, but is not 
limited to, information with respect to: operational decisions and the timing 
thereof, development and exploration plans and the timing thereof, including 
the number of potential viable locations and the expected quality of 
reservoirs; the thickness and pressures of the Simonette/Resthaven pool; 
future production rates and expected production volumes; the number and 
quality of future potential drilling locations; and the amount of natural gas 
liquids yields. 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 Cequencebelieves 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: 
cash flow projections and netbacks; anticipated operating costs; bank debt 
levels; 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; Cequence's ability 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. 
Additional Advisories 
A pressure transient analysis or well-test interpretation has not been carried 
out and thus certain of the test results provided herein should be considered 
to be preliminary until such analysis or interpretation has been completed. 
Readers are cautioned that the foregoing well test results are not necessarily 
indicative of long-term performance or of ultimate recovery. 
Boes are presented on the basis of one Boe for six Mcf of natural gas. 
Disclosure provided herein in respect of Boes may be misleading, particularly 
if used in isolation. A Boe conversion ratio of 6 Mcf:1 Bbl is based on an 
energy equivalency conversion method primarily applicable at the burner tip 
and does not represent a value equivalency at the wellhead. 
Given that the value ratio based on the current price of crude oil as compared 
to natural gas is significantly different from the energy equivalency of 6:1, 
utilizing a conversion on a 6:1 basis may be misleading as an indication of 
value. 
The Toronto Stock Exchange has neither approved nor disapproved the contents 
of this press release. 
Howard Crone, Executive Vice President & COO, (403) 
806-4040,hcrone@cequence-energy.com 
Stephen R. Stretch, Vice President, Geophysics, (403) 
218-8851,sstretch@cequence-energy.com 
SOURCE: Cequence Energy Ltd. 
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CO: Cequence Energy Ltd.
ST: Alberta
NI: OIL FIELD  
-0- Feb/11/2013 23:00 GMT
 
 
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