Cequence Energy Ltd. provided production guidance for the first quarter of 2018. Field production estimates for the first quarter of 2018 have averaged approximately 6,900 boe/d of which 6,250 boe/d (17% liquids) was derived from its Alberta properties. The Company's three gross, two net winter Dunvegan oil wells were completed and pipeline connected in the first quarter of 2018 with in-line production commencing via artificial lift at the end of March. As a result of the unusual cold weather conditions in late March and early April the existing volume of remaining completion water created start-up challenges with freeze offs and pipeline hydrates. Since start-up, over a ten calendar day period, an estimated 6,750 bbls of gross oil has been produced from 2 gross (1.5 net) oil wells with consistent run times being achieved for the past 7 days.