JOG Limited Partnership No. IV: Acquisition of Securities of Cequence Energy Ltd.

CALGARY, ALBERTA--(Marketwire - Jan. 5, 2011) - JOG Limited Partnership No. IV (the "Fund") announces that in a series of open market purchases on the Toronto Stock Exchange on January 5, 2011, it acquired an aggregate of 718,100 common shares of Cequence Energy Ltd. ("Cequence") at a weighted average price of $1.95 per common share. These shares represented approximately 0.6% of the outstanding common shares of Cequence. Together with common shares previously held by the Fund and by JOG Limited Partnership No. III ("JOG LP III"), an entity under common management with the Fund, the Fund and JOG LP III hold an aggregate of 13,369,141 common shares of Cequence, representing approximately 10.38% of the outstanding common shares. 

The Fund acquired the securities for investment purposes only and may, depending on market and other conditions, increase or decrease its beneficial ownership, control or direction over, or exercise his rights to acquire common shares through market transactions, private agreements or otherwise.

The Fund is filing an early warning report on SEDAR, which will be available for review on Cequence's profile on the SEDAR website at www.sedar.com. A copy of the early warning report can be obtained from the contact below.