Cequence Energy Reports Voting Results of Annual Meeting of Shareholders

CALGARY, May 29, 2017 /CNW/ - Cequence Energy Ltd. (the "Company" or "Cequence") (TSX:CQE) held its annual meeting of shareholders on May 29, 2017 in Calgary. A total of 86,157,304 common shares ("Common Shares") of the Company, representing approximately 35.09% of Common Shares, were represented in person or by proxy at the meeting.

During the regular business proceedings at the meeting, shareholders approved a resolution appointing Deloitte LLP as the Company's auditors with approximately 99% approval of the Common Shares represented in person or by proxy at the meeting.

In addition, the seven director nominees proposed by management were elected by ballot at the meeting. Proxies and in person votes were received as follows:

              Nominee Votes For                                Votes Withheld
              ------- ---------                                --------------

                        Number            Percentage (%)                      Number            Percentage (%)
                        ------             -------------                       ------            -------------

    Donald
     Archibald                 82,406,014                98.30                        1,422,768                1.70

    Peter
     Bannister                 83,607,754                99.74                          221,028                0.26

    Todd Brown                 83,157,832                99.20                          670,950                0.80

    Howard
     Crone                     83,192,913                99.24                          635,869                0.76

    Brian
     Felesky                   83,231,690                99.29                          597,092                0.71

    Daryl
     Gilbert                   83,182,090                99.23                          646,692                0.77

    Francesco
     Mele                      83,596,199                99.72                          232,583                0.28

Presentation

Please visit Cequence's website at http://www.cequence-energy.com/index.php?page=presentations to access the URL for the presentation slides from the annual meeting of the shareholders.

About Cequence

Cequence is a publicly-traded Canadian energy company involved in the acquisition, exploitation, exploration, development and production of natural gas and crude oil in western Canada. Further information about Cequence may be found in its continuous disclosure documents filed with Canadian securities regulators at www.sedar.com.

SOURCE Cequence Energy Ltd.