Donnybrook Announces Details of Anticipated Distribution of Cequence Shares

Donnybrook Energy Inc. ("Donnybrook" or the "Company") (TSX VENTURE:DEI)
announces that further to its previously announced agreement to sell the
Company's interest in its Simonette and Resthaven oil and gas properties to
Cequence Energy Ltd. ("Cequence") for consideration consisting of 10.3 million
common shares of Cequence ("Cequence Shares") and Cequence's interest in its Fir
oil and gas property, by way of a plan of arrangement under the Business
Corporations Act (Alberta) (the "Arrangement"), the proposed record date for the
pro rata distribution of Cequence Shares to holders ("Donnybrook Shareholders")
of common shares of Donnybrook ("Donnybrook Shares"), by way of a return of
capital under the Arrangement, is April 12, 2013. The distribution is currently
scheduled to be made on April 15, 2013.


Pursuant to the TSX Venture Exchange's ("TSXV") Due Bill trading procedures,
trades of Donnybrook Shares entered into from and including April 10, 2013 until
April 15, 2013 (the anticipated effective date of the Arrangement and
distribution payment date) will have a Due Bill attached which will allow the
purchaser of Donnybrook Shares to receive the applicable distribution of
Cequence Shares instead of the seller of Donnybrook Shares, even if such trades
are settled after the proposed April 12, 2013 distribution record date. Thus,
any trades that are executed during the Due Bill process will be automatically
flagged to ensure that purchasers receive the entitlement and sellers do not.


Ex-distribution trading of the Donnybrook Shares will commence at the opening of
the TSXV on April 16, 2013. Investors who enter into trades to purchase
Donnybrook Shares on or after the ex-distribution date of April 16, 2013 will
not be entitled to the distribution. The Due Bills will be redeemed on April 18,
2013 once all trades with attached Due Bills entered into up to April 15, 2013
have settled.


Further information regarding Due Bills and Due Bill trading is included in
Donnybrook's information circular and proxy statement dated March 15, 2013 that
has now been mailed to Donnybrook Shareholders (also available at
www.sedar.com). The anticipated dates provided may change for a number of
reasons, including inability to secure necessary shareholder, regulatory, court
or other third party approvals in the time assumed or the need for additional
time to satisfy the other conditions to the completion of the Arrangement.
Accordingly, readers should not place undue reliance on the dates provided
herein.


Further information relating to Donnybrook is also available on its website at
www.donnybrookenergy.ca.


ON BEHALF OF THE BOARD OF DONNYBROOK ENERGY INC.

Malcolm F. W. Todd, Chief Executive Officer

FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements or information
("forward-looking statements") within the meaning of applicable securities laws.
The use of any of the words "will", "expects", "believe", "plans", "potential"
and similar expressions are intended to identify forward-looking statements.
More particularly and without limitation, this press release contains
forward-looking statements concerning the anticipated timing of the pro rata
distribution of Cequence Shares to Donnybrook Shareholders as a return of
capital as part of the Arrangement.


The forward-looking statements in this press release are based on certain key
expectations and assumptions made by Donnybrook, including the receipt of all
necessary approvals, including but not limited to shareholder, court and
regulatory approvals including the approval of the TSX Venture Exchange and the
satisfaction of the conditions to the closing of the transaction. There is no
assurance that these expectations and assumptions will be met or satisfied and
there is therefore no assurance that the transaction will be completed in the
time frame anticipated or at all.


Since forward-looking statements address future events and conditions, by their
very nature they involve inherent risks and uncertainties. Actual results could
differ materially from those currently anticipated due to a number of factors
and risks. These include, but are not limited the risks that the transaction may
not close when planned or at all or on the terms and conditions set forth in the
Arrangement Agreement and Asset Exchange Agreement, the failure to obtain
necessary shareholder, court, regulatory and other third party approvals
required in order to proceed with the transaction, risks that the closing
conditions will not be met and risks associated with the oil and gas industry in
general such as: operational risks in development, exploration and production;
delays or changes in plans with respect to exploration or development projects
or capital expenditures; the uncertainty of reserve estimates; the uncertainty
of estimates and projections relating to reserve, production, costs and
expenses; health, safety and environmental risks; commodity price and exchange
rate fluctuations; marketing and transportation of petroleum and natural gas and
loss of markets; environmental risks; competition; incorrect assessment of the
value of acquisitions; failure to realize the anticipated benefits of
acquisitions; ability to access sufficient capital from internal and external
sources; stock market volatility; and changes in legislation, including but not
limited to tax laws, royalty rates and environmental regulations. Readers are
cautioned that the foregoing list of factors is not exhaustive. Additional
information on these and other factors that could affect the operations or
financial results of Donnybrook are included in Donnybrook's Annual Information
Form, management's discussion and analysis and other documents filed with
applicable securities regulatory authorities and may be accessed through the
SEDAR website (www.sedar.com). The forward- looking statements contained in this
press release are made as of the date hereof and Donnybrook undertakes no
obligation to update publicly or revise any forward-looking statements, whether
as a result of new information, future events or otherwise, unless so required
by applicable securities laws. The forward-looking statements contained in this
press release are expressly qualified by this cautionary statement.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Donnybrook Energy Inc.
Malcolm Todd
President and Chief Executive Officer
[phone]
[phone] (FAX)
www.donnybrookenergy.ca