Sign Up Now!
Back to Results
Note: Only one slide is currently available because you are not currently logged in.
Cequence Energy Ltd
Corporate Acquisition of Open Range Energy
| Paul Wanklyn | Page 2 of 11 |
December 22, 2014
View in Results
"Cequence Energy Ltd "
View Full Document
Slides may show historical information no longer relevant. All slides to be viewed in context of the entire presentation and time. See
Pro Forma Corporate Profile Trading Symbol TSX: CQE Current production (1) 14,500 boe/d 52-week trading range $1.20-$4.70 Shares outstanding FD (2) 284 million Insider ownership 8% FD Market capitalization (2)(3) $340 million Estimated June 30, 2012 net debt (2)(4) $106 million Estimated Bank lines $175 million (1) Cequence currently has an additional 1,400 boe/d of shut-in production (2) Assuming the issue of a total 79.6 million Cequence common shares in connection with the acquisition of Open Range as well as a total of 28.7 million Cequence common shares for total gross proceeds of $36.1 in connection with the equity financings (see ‘Transaction terms’ slide). (3) Based on the closing price of Cequence shares on the TSX on May 30, 2012 of $1.26 (4) June 30, 2012 net debt is calculated as cash and net working capital less commodity contract assets and liabilities and demand credit facilities and excluding other liabilities. 2