09:57 AM EST - Donnybrook Energy Inc. : announced that it has entered into agreements with Cequence Energy Ltd. pursuant to which Cequence has agreed to acquire Donnybrook's interests in its oil and gas properties located in the Simonette and Resthaven areas of Alberta, As consideration for the assets, Cequence will transfer its interest in its non-operated oil and gas properties located in the Fir area, and issue an aggregate of 10,300,000 Cequence common shares to Donnybrook, which shares will be distributed to the Donnybrook shareholders, representing aggregate consideration to Donnybrook of approximately $23 million. Donnybrook Energy Inc.
shares T.DEI are trading up $0.01 at $0.07.
