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Trilogy Energy Corp. Completes Sale of Certain Duvernay Assets in the Kaybob Area for $60 Million


FOR: TRILOGY ENERGY CORP.
TSX SYMBOL: TET

Date issue: May 31, 2017
Time in: 5:05 PM e

Attention:

CALGARY, ALBERTA--(Marketwired - May 31, 2017) - 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.

About Trilogy

Trilogy is a petroleum and natural gas-focused Canadian energy corporation that actively develops, produces and sells natural gas, crude oil and natural gas liquids. Trilogy's geographically concentrated assets are primarily high working interest properties that provide abundant low-risk infill drilling opportunities and good access to infrastructure and processing facilities, many of which are operated and controlled by Trilogy. Trilogy's common shares are listed on the Toronto Stock Exchange under the symbol "TET".

- END RELEASE - 31/05/2017

For further information:
J.H.T. (Jim) Riddell, Chief Executive Officer
J.B. (John) Williams, President and Chief Operating Officer
M.G. (Mike) Kohut, Chief Financial Officer
OR
Trilogy Energy Corp.
#1400, 332 - 6th Avenue S.W.
Calgary, Alberta T2P 0B2
Phone: (403) 290-2900
(403) 263-8915 (FAX)

COMPANY:
FOR: TRILOGY ENERGY CORP.
TSX SYMBOL: TET

INDUSTRY: Energy and Utilities - Oil and Gas
RELEASE ID: 20170531CC0096

Press Release from Marketwired 1-866-736-3779

All press releases are written by the client and have NO affiliation with the news copy written by The Canadian Press. Any questions that arise due to the content or information provided in the press release should be directed to the company/organization issuing the release, not to The Canadian Press.



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