CALGARY, November 13, 2017 - Teine Energy Ltd. “Teine” announces that Paul Ringrose has

been appointed to the role of Senior Vice-President and Chief Operating Officer.

Mr. Ringrose is a Professional Engineer with over 20 years of industry experience. He started his oil and gas career working for Imperial Oil Resources and for the next 12 years held various senior engineering, operational and management positions with both Imperial Oil and ExxonMobil. Mr. Ringrose subsequently held the position of Vice President of Engineering for a successful junior private oil and gas company, and was most recently managing the development of the Kaybob Duvernay asset for Chevron Canada.

Mr. Ringrose holds a Bachelor of Science in Chemical Engineering and a Masters of Business Administration in Finance, both from the University of Calgary. He is a member of the Association of Professional Engineers and Geoscientists of Alberta (APEGA).

“We are extremely pleased to have Paul join our management team.” Jason Denney, President & CEO. “His two decades of commercial, engineering, operational, and leadership experience will add to Teine’s existing bench strength.”

About Teine Energy Ltd.

Teine Energy Ltd. (Teine) is a Calgary-based privately-held exploration, development and production company focused on investing in low-risk, geographically concentrated conventional oil assets through a strategic partnership with Canada Pension Plan Investment Board (CPPIB). Approximately 90% of Teine's production is weighted towards oil and natural gas liquids.

For further information please contact:

Jason Denney, President & CEO
+1 (403) 698-8316
JDenney@teine-energy.com

Ken Hillier, SVP & Chief Financial Officer
+1 (403) 698-8322
KHillier@teine-energy.com