Equal Energy Ltd. confirms that following the close of markets on September 6, 2013, Equal received a revised non-binding conditional expression of interest (the "Revised Proposal") from Montclair Energy, LLC (Montclair) to acquire all of the outstanding shares of Equal for an increased price of $4.85 per share in cash.

The Revised Proposal was in response to a letter from Michael Doyle, Chairman of Equal Energy Ltd. (Equal) dated August 28, 2013, in which multiple interested parties, including Montclair, were requested to submit expressions of interest on the terms outlined in such letter.

The Revised Proposal from Montclair became publicly available as a result of the amended Schedule 13D filing made on September 9, 2013 by certain affiliates of Montclair.

Tags: Equal Energy, LLC, Montclair Energy