Cequence Energy Ltd. provided earnings guidance for the fourth quarter and fiscal 2012 and production guidance for the fiscal 2012. The company expects to report average 2012 production of 11,200 boe/d, exit 2012 production of 15,000 boe/d. For the year 2012, the company expects capital expenditures of CAD 100 million and funds flow of CAD 41 million. For the fourth quarter 2012, the company expects to report annualized funds flow from operations of CAD 70 million. The company expects net debt to be CAD 135 million as on December 31, 2012. Capital expenditures exclude the planned CAD 14 million in net dispositions of non-core assets and undeveloped land as previously disclosed. The company also announced that Scott Dawson, the President and CEO of Open Range Energy Corp. and a member of the current Open Range board of directors, will join the board of directors of the company.