Cequence Energy Ltd. Annual General & Special Meeting June 27, 2019 TSX:CQE 1
10.0 million pre-payment of the 60.0 million Repay Term Loan plus accrued and unpaid interest RECAPITALIZE Amend the Term Loan - 1.2 million AND Extend maturity by 1 year to Oct 3, 2023 IMPROVED Fix interest rate at 5% eliminating…
(000s, except per share, ratios and per unit references) With Private Placement Common shares outstanding (March 31, 2019) 24,553 41,784 CORPORATE November to June 25, 2019 trading range 0.35 to 0.98 SUMMARY March 31, 2019, net debt(1)…
Investing in higher return commodities Dunvegan oil 100% CQE inventory Oil Encouraging third party oil activity in other Montney benches WHY INVEST IN CEQUENCE Large gas reserve with significant upside 112 MMboe of proved plus…
All 3 Pools have similar OOIP/section ranges of 6-15 MMBOE Simonette & Karr on primary solution gas drive Kaybob South operator has initiated a pilot secondary recovery waterflood scheme 06-06 1st Hz producer converted to injector…
SIMONETTE MONTNEY 100/11-16-061-27W5M Nordegg 07-15 Lwr Mont Producer Historical Upper CQE Hz Montney 15-13 Lwr Mont placement Feb 19 cal day oil rate: 672 bbl/d CQE Montney: 140m 175m Thick LARGE UPPER MONTNEY RESOURCE &…
100/11-16-061-27W5M Nordegg MONTNEY OIL Upper AND LIQUIDS Montney DISTRIBUTION Lower Montney Paleozoic Most activity is in the liquid rich gas phase Oil is expanding in multiple benches continuing up into B.C.…
100/11-16-061-27W5M Nordegg Upper Montney LOWER MONTNEY OIL AND LIQUIDS DISTRIBUTION Lower Montney Paleozoic Lower Montney activity is typically less mature than other Montney benches Oil has been a significant…
Cequence Alliance Meter Station Capacity 120 MMcf/d Pembina Lator Truck Terminal CQE 9-10 Field Compressor Alliance/Aux Sable Deep Cut Plant SIMONETTE EGRESS Proposed Pembina Simonette Terminal Chicago, Illinois NGTL…
Contract Type Volume Price (Cdn) GAS GJ/d HEDGING 2019 April 1, 2019 June 30, 2019 Swap 5,000 3.20/GJ DAWN 2019 July 1, 2019 September 30, 2019 Swap 2,500 3.04/GJ DAWN & 2019 April 1, 2019 October 31, 2019 Swap 5,000 1.37/GJ AECO…
Developing highly commercial Dunvegan oil - 100% CQE lands 112 MMboe recognized proved and probable Montney reserves(1) with WHY INVEST IN torque to improving gas prices CEQUENCE Emerging upside oil opportunities in other Montney…
APPENDIX 14
Todd Brown CEO MANAGEMENT Management Allan Mowbray VP Finance and CFO AND BOARD Dave Robinson VP Ex and Chief Geologist Team Chris Soby VP Land and Corporate Development Erin Thorson Controller Don Archibald Chairman Peter…
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