Cequence Energy Ltd Common CEQXF

RE:Major change in ownership just took place before our eyes

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The upside potential in this thing is astronomical. I think that CPPIB failed to see that and since $60 million in debt at 5% + warrants is peanuts to them, or not enough to move the needle, they moved on.

The key will be to figure out what these new entrants want to do? My hope is that they want to extract as much value from this company as possible and eventually fund more of its development to reach its full potential.

It makes no sense to sell now to someone else at the absolute bottom for AECO with LNG coming up, Alberta using more and more for power generation and better fundamentals with low inventories and producers behaving. CQE has a very large 2P inventory of nat gas. And 50% of a treatment plant.

Then you have a new and exciting field to develop at Dunvegan with only 5 wells to date.

They could try to buy us on the cheap. The key would be to organize and block these son of biatch if they ever attempt to do that.

Still you would think that being public also bring a lot of opportunities to develop/grow/acquire.

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