Cequence Energy announces completion of the asset exchange for properties in Simonette and Resthaven

Cequence Energy announces completion of the asset exchange for properties in 
Simonette and Resthaven 
CALGARY, April 15, 2013 /CNW/ - Cequence Energy Ltd. ("Cequence") (TSX: CQE) 
is pleased to announce that it has closed the previously announced asset 
exchange with Donnybrook Energy Inc. ("Donnybrook") (TSXV: DEI) for 
Donnybrook's oil and gas properties located in the Simonette and Resthaven 
areas of Alberta (the "Donnybrook Assets") for Cequence's oil and gas assets 
located in the Fir area and an aggregate of 10,300,000 common shares in the 
capital of Cequence ("Cequence Shares"). The transaction was effected 
pursuant to the terms of an asset exchange agreement and an arrangement 
agreement both between Cequence and Donnybrook dated February 22, 2013. 
The Donnybrook Assets consist of 33 gross (16.5 net) sections of Montney 
rights at Simonette and 2.7 net sections of Montney land at Resthaven, with 
current production of approximately 120 boe/d. The acquisition has increased 
Cequence's working interest to 100% in substantially all of its Simonette 
landbase. As a result, Cequence controls the pace and future development of 
such properties with no limitations arising from section boundaries or partner 
interests. 
As consideration for the Donnybrook Assets, Cequence transferred its interest 
in its non-operated oil and gas properties located in the Fir area (the 
"Non-core Assets") and issued an aggregate of 10,300,000 Cequence Shares to 
Donnybrook, which were immediately transferred on a pro-rata basis to the 
Donnybrook shareholders. The Non-core Assets were not operated by Cequence 
and consist of 5 net sections of land with current production of approximately 
220 boe/d. 
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 in this press release may include, but is not 
limited to, future production levels. 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 such forward-looking information are 
reasonable, undue reliance should not be placed on forward-looking information 
because Cequence can give no 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, field production rates and decline rates. 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 
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. 
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 MNA  
-0- Apr/16/2013 00:05 GMT