TRILOGY ENERGY CORP. COMPLETES SALE OF CERTAIN DUVERNAY ASSETS IN THE KAYBOB AREA FOR $60 MILLION

TRILOGY ENERGY CORP. COMPLETES SALE OF CERTAIN DUVERNAY ASSETS IN THE KAYBOB AREA FOR $60 MILLION

Trilogy Energy Corp. (“Trilogy”) (TSX – TET) is pleased to announce that it has completed its previously announced sale of certain Duvernay assets in the Kaybob area of Alberta for cash consideration of $60 Million (before adjustments), with the proceeds to be used to reduce Trilogy’s indebtedness under its revolving credit facility.

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