CALGARY, May 28, 2013 /CNW/ - Cequence Energy Inc. (the "Company" or
"Cequence") (TSX: CQE) is pleased to report that at its annual and special
meeting of shareholders held on May 28, 2013 that each of the nominees
proposed by management as a director of the Corporation were elected as
directors of the Company, other than Paul Colborne who had previously
announced his resignation from the board.
Paul Colborne recently resigned from the Board due to his increased
involvement as CEO of another public oil and gas company. The board and
management of the Company would like to thank Mr. Colborne for his
contributions, enthusiasm and leadership over the years, and wish him well in
his future endeavors.
The detailed results of the vote by ballot are as follows:
|Nominee | Votes For | Votes Withheld |
| | Number |Percentage| Number |Percentage|
|Donald Archibald|109,993,590| 99.22% | 868,575| 0.78% |
|Peter Bannister |110,706,525| 99.86% | 155,640| 0.14% |
|Robert Cook | 98,332,928| 88.70% |12,529,237| 11.30% |
|Howard Crone |110,525,268| 99.70% | 336,897| 0.30% |
|Brian Felesky | 97,597,540| 88.04% |13,264,625| 11.96% |
|Daryl Gilbert | 93,360,090| 84.21% |17,502,075| 15.79% |
|Francesco Mele |110,613,726| 99.78% | 248,439| 0.22% |
|Paul Wanklyn |106,984,236| 96.50% | 3,877,929| 3.50% |
In addition, management and the board of the Company extend their thanks to
Jim Gray for his years of service on the board. Mr. Gray stepped down from
the Board of Directors of Cequence at the annual and special meeting. Mr.
Gray was the co-founder of Canadian Hunter Exploration in the 1970's and was
instrumental in the recognition and discovery of the giant Deep Basin gas
field at Elmworth. He acted as a mentor to a number of the Company's
geological staff in the 1980's and served on the Board of Temple Exploration
and Temple Energy with much of the Company's current management team. In
addition, he served on the boards of Canadian National Railway, Brookfield,
Phoenix Technology and numerous not-for-profit societies and he remains an
iconic figure in the Calgary philanthropic community.
Paul Wanklyn said "I would like to thank Jim for his continued friendship,
wisdom, energy, and positive outlook in a rapidly changing business
environment. Jim has assumed the role of Director Emeritus at Cequence,
thereby ensuring that we can continue to lean on him for guidance."
Please visit Cequence's website at
http://www.cequence-energy.com/index.php?page=presentations to access the
URL for the the presentation slides from the annual and special meeting of the
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.
Paul Wanklyn, Chief Executive Officer, (403)
218-8850,firstname.lastname@example.org David Gillis, Chief Financial Officer,
SOURCE: Cequence Energy Ltd.
To view this news release in HTML formatting, please use the following URL:
CO: Cequence Energy Ltd.
NI: OIL 2575 WNEWS
-0- May/29/2013 02:02 GMT
Press spacebar to pause and continue. Press esc to stop.