CALGARY, Dec. 21, 2017 /CNW/ – Cequence Energy Ltd. (the “Company” or “Cequence”) (TSX:CQE) is pleased to announce that it has completed two asset dispositions for total proceeds of $4.3 million. The dispositions include the sale of a non-core property located in B.C. which is producing approximately 100 boe/d and the sale of 25 sections of Lower Montney rights in the Simonette area.
As part of Simonette transaction, the acquirer has agreed to drill and complete a Lower Montney horizontal well prior to the end of 2018. Cequence and other oil and gas companies active in the area … Continue Reading