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Press release from Marketwire

Trilogy Energy Corp. Announces Closing of C$200 Million Equity Financing

Monday, October 21, 2013

Trilogy Energy Corp. Announces Closing of C$200 Million Equity Financing

08:54 EDT Monday, October 21, 2013

CALGARY, ALBERTA--(Marketwired - Oct. 21, 2013) - Trilogy Energy Corp. ("Trilogy") (TSX:TET) announced today that it has completed its previously announced public offering of 7,020,000 common shares at a price of $28.50 per common share for gross proceeds of $200,070,000. The common shares were sold through a syndicate of underwriters co-led by BMO Capital Markets and RBC Capital Markets.

The securities offered have not been registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state securities laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Trilogy

Trilogy is a growing 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 low-risk, high working interest properties that provide abundant 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".

FOR FURTHER INFORMATION PLEASE CONTACT:

Contact Information:
Trilogy Energy Corp.
J.H.T. (Jim) Riddell
Chief Executive Officer
(403) 290-2900
(403) 263-8915 (FAX)


Trilogy Energy Corp.
J.B. (John) Williams
President and Chief Operating Officer
(403) 290-2900
(403) 263-8915 (FAX)


Trilogy Energy Corp.
M.G. (Mike) Kohut
Chief Financial Officer
(403) 290-2900
(403) 263-8915 (FAX)

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