On May 29, 2020, Cequence announced that it had commenced a strategic process to identify and pursue potential strategic options and alternatives to maximize the value for its stakeholders, which will be carried out under the Companies’ Creditors Arrangement Act (“CCAA”). Please visit this page of the Ernst & Young website for more information and for a list of frequently asked questions and answers for employees, contractors, shareholders and suppliers. 

Who is Cequence Energy?

Cequence Energy Ltd. is focused on achieving profitable growth through the development of internally generated resource plays in the Alberta Deep Basin. Cequence's core area at Simonette holds large liquids-rich, gas resources with a drilling inventory of several hundred horizontal wells. The de-risked Montney Formation is the main driver for future growth but recent success in the oil bearing Dunvegan Formation as well as successful gas development in other Cretaceous zones make this area rich in opportunity.  With 118 million boe of existing reserves and infrastructure largely in place, Simonette is ready for full scale development.