- Initial Statement of Beneficial Ownership (3)

FORM 3	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES	OMB APPROVAL OMB Number: 3235-0104 Estimated average burden hours per response... 0.5
	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person * Doyle Michael Edmond	2. Date of Event Requiring Statement (MM/DD/YYYY) 1/1/2013	3. Issuer Name and Ticker or Trading Symbol EQUAL ENERGY LTD. [EQU]
(Last)        (First)        (Middle) C/O EQUAL ENERGY LTD., SUITE 2600, 500 - 4TH AVENUE S.W.	4. Relationship of Reporting Person(s) to Issuer (Check all applicable) __ X __ Director                            _____ 10% Owner _____ Officer (give title below)          _____ Other (specify below)
(Street) CALGARY, A0 T2P 2V6        (City)              (State)              (Zip)	5. If Amendment, Date Original Filed (MM/DD/YYYY)	6. Individual or Joint/Group Filing (Check Applicable Line) _ X _ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	29338	D
Common Stock	4100	I	Held by spouse - Anna Mae Doyle
Common Stock	32000	I	Held by CanPetro International Ltd.   (1)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security (Instr. 4)	2. Date Exercisable and Expiration Date (MM/DD/YYYY)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)	(2)	9/30/2013	Common Stock	3333	$6.15   (3)	D
6.75% Convertible Debentures due 2016	2/9/2011	3/31/2016	Common Stock	$75000	$9.00   (3)	D
6.75% Convertible Debentures due 2016	2/9/2011	3/31/2016	Common Stock	$75000	$9.00   (3)	I	Held by spouse - Anna Mae Doyle

Explanation of Responses:
( 1)	CanPetro International Ltd. is wholly-owned and controlled by the reporting person.
( 2)	Options were granted on 2/12/10 and vest on 9/30/12.
( 3)	Expressed in Canadian dollars.

Reporting Owners
Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Doyle Michael Edmond C/O EQUAL ENERGY LTD. SUITE 2600, 500 - 4TH AVENUE S.W. CALGARY, A0 T2P 2V6	X

Signatures
/s/ Michael Edmond Doyle		1/16/2013
** Signature of Reporting Person		Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:	File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.