Cequence Energy Ltd. announced Daryl Gilbert has announced his resignation from the Company's board, effective the end of March 12, 2019. Mr. Gilbert has served on the Company's board since 2012. Cequence announced that Dan O'Neil has been appointed to the Company's board effective March 12, 2019.

Mr. O'Neil is a professional engineer with over 30 years of experience in the Canadian oil and gas business, including senior management positions with EnCana Corporation and later serving as the Chief Executive Officer of Surge Energy Inc. until May 2013. Mr. O'Neil was also one of the founders of Breaker Energy Ltd., which was acquired by NAL Energy Corporation (formerly NAL Oil & Gas Trust). As previously announced on February 12, 2019 Allan Mowbray will be joining Cequence as Chief Financial Officer effective March 15, 2019.

In connection Mr. Mowbray joining the Company, Howard Crone has, effective March 12, 2019, resigned from his position as Executive Vice President of the Company. Mr. Crone will continue to serve as a director of Cequence. Also effective March 12, 2019, Donald Archibald's title will change from Executive Chairman to Chairman.