Seven Generations Energy Ltd. (T:VII)
Business Focus: N/A
Apr 07, 2021 07:00 am ET
Xebec Welcomes Ms. Karen Nielsen to Board of Directors
Xebec Adsorption Inc. (TSX: XBC) (“Xebec”), a global provider of clean energy solutions, is pleased to announce that Ms. Karen Nielsen has joined Xebec’s Board of Directors effective today. Ms. Nielsen was formerly the Chief Development Officer at...
Apr 06, 2021 07:58 am ET
ARC Resources Closes Strategic Montney Combination With Seven Generations
(ARX - TSX, VII - TSX) ARC Resources Ltd. ("ARC" or the "Company") is pleased to announce that it has closed its strategic Montney combination with Seven Generations Energy Ltd. ("Seven Generations") to create the premier Montney producer and leader in responsible energy development (the "Business Combination"). ARC is now Canada’s largest condensate producer, third-largest natural gas producer, and sixth-largest upstream energy company.
Apr 05, 2021 05:15 pm ET
S&P Dow Jones Indices Announces Changes to the S&P/TSX Composite Index
TORONTO, April 5, 2021 /CNW/ - S&P Dow Jones Indices announces the following changes to the S&P/TSX Composite Index:
Mar 31, 2021 05:38 pm ET
ARC Resources and Seven Generations Announce Shareholder and Court Approval of Strategic Montney Combination
CALGARY, AB, March 31, 2021 /CNW/ - (TSX: ARX) (TSX: VII) ARC Resources Ltd. ("ARC") and Seven Generations Energy Ltd. ("Seven Generations") are pleased to announce that the shareholders of each company have voted in favour of the proposed business combination (the "Business Combination") to create the premier Montney producer and leader in responsible energy development. The Business Combination is expected to be completed on or about April 6, 2021 and is subject to the satisfaction of all closing conditions.
Mar 31, 2021 05:37 pm ET
ARC Resources and Seven Generations Announce Shareholder and Court Approval of Strategic Montney Combination
(ARX - TSX, VII - TSX) ARC Resources Ltd. ("ARC") and Seven Generations Energy Ltd. ("Seven Generations") are pleased to announce that the shareholders of each company have voted in favour of the proposed business combination (the "Business Combination") to create the premier Montney producer and leader in responsible energy development. The Business Combination is expected to be completed on or about April 6, 2021 and is subject to the satisfaction of all closing conditions.
Mar 04, 2021 04:55 pm ET
Seven Generations Energy Announces Conditional Redemption of All of Its 6.750% Senior Notes Due 2023, 6.875% Senior Notes Due 2023 and 5.375% Senior Notes Due 2025
Seven Generations Energy Ltd. (TSX: VII)
Mar 01, 2021 11:16 am ET
ARC Resources and Seven Generations to Hold Special Shareholder Meetings on Proposed Business Combination
ARC Resources Ltd. ("ARC") and Seven Generations Energy Ltd. ("Seven Generations") announced today that they have filed a joint management information circular (the "Circular") dated March 1, 2021 and related meeting and proxy materials in connection with the proposed business combination (the "Business Combination") to create the premier Montney producer and leader in responsible energy development. The meeting materials will be mailed to ARC and Seven Generations shareholders.
Mar 01, 2021 10:11 am ET
ARC Resources and Seven Generations to Hold Special Shareholder Meetings on Proposed Business Combination
CALGARY, AB, March 1, 2021 /CNW/ - (TSX: ARX) (TSX: VII) ARC Resources Ltd. ("ARC") and Seven Generations Energy Ltd. ("Seven Generations") announced today that they have filed a joint management information circular (the "Circular") dated March 1, 2021 and related meeting and proxy materials in connection with the proposed business combination (the "Business Combination") to create the premier Montney producer and leader in responsible energy development. The meeting materials will be mailed to ARC and Seven Generations shareholders.
Feb 18, 2021 07:00 am ET
Seven Generations Energy Releases Fourth Quarter 2020 Results
Seven Generations Energy Ltd. (TSX: VII)
Feb 10, 2021 07:17 pm ET
ARC Resources and Seven Generations Energy Announce Strategic Montney Combination
(ARX - TSX, VII - TSX) ARC Resources Ltd. ("ARC") and Seven Generations Energy Ltd. ("Seven Generations") today announce a strategic combination of the two premier Montney producers. The combined company will continue to focus on significant free funds flow(1) generation through a responsible and disciplined approach to development while creating superior and enduring value for all shareholders. The combination is consistent with ARC’s and Seven Generations’ long-term strategies and is expected to be immediately accretive on a free funds flow and net asset value per share bas
Feb 10, 2021 06:19 pm ET
ARC Resources and Seven Generations Energy Announce Strategic Montney Combination
CALGARY, AB, Feb. 10, 2021 /CNW/ - (TSX: ARX) (TSX: VII) ARC Resources Ltd. ("ARC") and Seven Generations Energy Ltd. ("Seven Generations") today announce a strategic combination of the two premier Montney producers. The combined company will continue to focus on significant free funds flow(1) generation through a responsible and disciplined approach to development while creating superior and enduring value for all shareholders. The combination is consistent with ARC's and Seven Generations' long-term strategies and is expected to be immediately accretive on a free funds flow and net asset v
Dec 01, 2020 07:59 pm ET
Seven Generations Energy Announces Partial Redemption of 6.875% Unsecured Notes Due 2023
Seven Generations Energy Ltd. (TSX: VII)
Nov 09, 2020 07:00 am ET
Seven Generations Energy Releases Third Quarter 2020 Results and 2021 Guidance
Seven Generations Energy Ltd. (TSX: VII)
Jul 29, 2020 07:00 am ET
Seven Generations’ Second Quarter Funds Flow of $138.8 Million and Capital Investments of $69.4 Million Drive $69.4 Million of Free Cash Flow
Seven Generations Energy Ltd. (TSX:VII):
Jul 09, 2020 05:11 pm ET
The Oil & Gas Conference® Tackles the Latest Trends in the Market
DENVER, July 9, 2020 /PRNewswire/ -- EnerCom, Inc. is pleased to announce that its 25th annual The Oil & Gas Conference will host a number of panels, in addition to its regular presentation lineup, addressing the issues at the front of mind for both presenting companies and investors. Topics will include:
May 07, 2020 07:00 am ET
Improving Cost Structure and Operational Flexibility Demonstrate Financial Resilience In 2020
“This is an unprecedented time for our industry. The demand destruction associated with COVID-19 will take time to resolve. We must plan for an extended period of price weakness and make responsible decisions to best position our company for a rebalanced market. To ensure our financial resilience, we are further reducing our 2020 capital program by $250 million and delaying the start-up of 11 new wells which will reduce our 2020 production guidance to 175,000 - 185,000 boe/d. We are refocusing our 2020 development drilling program towards our gas-weighted assets – optionality enabled by the di
May 05, 2020 09:03 pm ET
Seven Generations Energy Reports Director Election Voting Results
Seven Generations Energy Ltd. reports director election voting results from its annual meeting of shareholders held on May 5, 2020 (the “Meeting”), as set forth in the table below. All of the proposed nominees were elected to serve as directors until the next annual meeting of shareholders, or until their successors are duly elected or appointed.
Mar 10, 2020 09:40 pm ET
Seven Generations Energy Reduces 2020 Capital Investment Plan in Response to Challenging Global Energy Prices
In response to the significant decline in global energy prices, Seven Generations has reduced its previously announced 2020 capital investment budget by 18%, or $200 million, to $900 million. Effective immediately, the company will meaningfully reduce its activity levels to align investments to expected cash flow.
Feb 27, 2020 07:00 am ET
Seven Generations Reports $353 Million of Funds Flow and $233 Million of Capital Investments in the Fourth Quarter Of 2019
Seven Generations Energy Ltd. (TSX: VII):
Feb 10, 2020 07:00 am ET
New Standard Achieved in Responsible and Transparent Energy Development and Procurement
Seven Generations Energy Ltd. (7G) and Québec’s main natural gas distributor, Énergir s.e.c. (Énergir), have entered into a responsible natural gas supply agreement governed by the EO100™ Standard for Responsible Energy Development. Globally, this is the first transaction executed under the EO100™ framework and establishes a new standard for transparency across the value chain.
Nov 07, 2019 07:00 am ET
Jul 31, 2019 07:00 am ET
May 03, 2019 07:00 am ET
Seven Generations Energy Delivers $339 Million of Adjusted Funds Flow or $0.95 Per Share
FIRST QUARTER 2019 HIGHLIGHTS
May 01, 2019 07:26 pm ET
Seven Generations Reports Director Election Voting Results
Seven Generations Energy Ltd. (TSX:VII) reports director election voting
results from its annual meeting of shareholders held on May 1, 2019 (the
“Meeting”), as set forth in the table below. All of the proposed
nominees were elected to serve as directors until the next annual
meeting of shareholders, or until their successors are duly elected or
appointed.
Feb 28, 2019 07:00 am ET
Jan 10, 2019 07:00 am ET
Seven Generations’ board approves $1.25 billion capital budget in 2019
Seven Generations Energy’s Board of Directors has approved a 2019 capital investment budget of $1.25 billion that is expected to be funded from operations and that, given the current price environment, strikes a reasoned balance between current...
Nov 01, 2018 07:00 am ET
Seven Generations’ previously announced normal course issuer bid accepted by TSX
Seven Generations Energy Ltd.'s notice of intention to proceed with its previously announced normal course issuer bid (NCIB) for its class A common shares (common shares) has been accepted by the Toronto Stock Exchange (TSX). “We believe our...
Oct 31, 2018 07:00 am ET
Seven Generations delivers adjusted funds flow of $522 million, $1.42 per share, in third quarter of 2018
TSX: VII THIRD QUARTER HIGHLIGHTS 7G generated adjusted funds flow of $522 million, or $1.42 per share, during the third quarter of 2018. Per-share adjusted funds flow increased 19 percent compared to the second quarter of 2018 and 82 percent...
Sep 13, 2018 04:05 pm ET
Grande Prairie’s energy community raises more than $728,000 for the Grande Prairie Regional Hospital Foundation and Grande Prairie Regional College
Seven Generations Energy Ltd. (TSX: VII), together with business partners, suppliers, service companies, contractors and community members, raised $728,000 for the Grande Prairie Regional Hospital Foundation and the Grande Prairie Regional College...
Aug 02, 2018 07:00 am ET
Seven Generations delivers funds from operations of $434 million, $1.19 per share, in second quarter of 2018
(TSX: VII) SECOND QUARTER HIGHLIGHTS Funds from operations of $434 million or $1.19 per share, up 62 percent and 63 percent respectively compared to the same periods in 2017. Cash provided by operating activities of $425.2 million, up 119...
May 03, 2018 08:10 pm ET
Seven Generations Reports Voting Results of Election of Directors
Seven Generations Energy Ltd. (TSX: VII) reports director election results from its annual meeting of shareholders held May 3, 2018 (the “Meeting”). All of the proposed nominees were elected to serve as directors until the next annual meeting of...
May 03, 2018 01:28 pm ET
Seven Generations delivers $381 million of funds from operations in first quarter of 2018
Seven Generations (TSX:VII) delivered funds from operations of $381 million or $1.05 per share in the first quarter, generating a trailing 12-month return on capital employed of 10.4 percent and a cash return on invested capital of 18.1 percent....
May 03, 2018 07:00 am ET
Seven Generations delivers $381 million of funds from operations in first quarter of 2018
Seven Generations (TSX:VII) delivered funds from operations of $381 million or $1.05 per share in the first quarter, generating a trailing 12-month return on capital employed of 10.4 percent and a cash return on invested capital of 18.1 percent....
Mar 21, 2018 08:00 am ET
Seven Generations Insiders Amend Automatic Securities Disposition
CALGARY, Alberta, March 21, 2018 (GLOBE NEWSWIRE) -- All Seven Generations Energy Ltd. (TSX:VII) insiders participating in an automatic securities disposition plan (ASDP) have elected to amend certain provisions of the ASDP with immediate effect. As required by the...
Mar 14, 2018 07:00 am ET
Seven Generations delivers $1.23 billion of funds from operations in 2017, up 66%
Return on capital employed of 10% in 2017
Feb 12, 2018 07:00 am ET
Seven Generations establishes automatic plan for certain insiders with expiring securities
CALGARY, Alberta, Feb. 12, 2018 (GLOBE NEWSWIRE) -- Seven Generations Energy Ltd. has established an automatic securities disposition plan (ASDP) to facilitate the exercise by certain insiders of options and performance warrants that are expiring in 2018 and...
Feb 01, 2018 07:00 am ET
Seven Generations appoints industry veteran Derek Aylesworth as Chief Financial Officer
CALGARY, Alberta, Feb. 01, 2018 (GLOBE NEWSWIRE) -- Energy industry veteran Derek Aylesworth will join Seven Generations Energy Ltd. March 15, 2018 as its Chief Financial Officer responsible for the company’s finance, treasury, accounting, tax and capital markets...
Nov 16, 2017 07:00 am ET
Seven Generations sharpens focus on returns in multi-year, fully-funded organic growth plan with expanded core drilling inventory
Seven Generations Energy's Board of Directors has approved 2018 capital investment of $1.675 to $1.775 billion, which will target an average production range of 200,000 to 210,000 boe/d in 2018 and build the longer-term capacity to produce 220,000 to 240,000 boe/d in 2019. At the midpoint of each year's production forecast, this represents a compound annual growth rate of approximately 15 percent from forecasted 2017 average production. 7G expects its production to be comprised of 55 to 60 percent natural gas liquids by volume, which includes high-value condensate that currently generates
Nov 16, 2017 06:57 am ET
Seven Generations sharpens focus on returns in multi-year, fully-funded organic growth plan with expanded core drilling inventory
Seven Generations Energy's Board of Directors has approved 2018 capital investment of $1.675 to $1.775 billion, which will target an average production range of 200,000 to 210,000 boe/d in 2018 and build the longer-term capacity to produce 220,000...
Nov 02, 2017 07:00 am ET
Seven Generations delivers $284 million of funds from operations in third quarter, up 22 percent per share
Seven Generations' strong production growth drove funds from operations to $284.3 million or 78 cents per share in the third quarter of 2017, representing a 22 percent increase in funds from operations per share compared to the same period one year ago. Production averaged 183,920 boe/d in the third quarter of 2017, up 39 percent from the third quarter of 2016, with liquids making up 59 percent of 7G's total production.
Nov 02, 2017 06:58 am ET
Seven Generations delivers $284 million of funds from operations in third quarter, up 22 percent per share
Seven Generations' strong production growth drove funds from operations to $284.3 million or 78 cents per share in the third quarter of 2017, representing a 22 percent increase in funds from operations per share compared to the same period one year...
Oct 02, 2017 10:18 am ET
Seven Generations completes offering of US$700 million 5.375% senior unsecured notes
Seven Generations Energy Ltd. (TSX: VII) has completed its previously announced offering of US$700 million aggregate principal amount of 5.375% senior unsecured notes due 2025, which were offered, on a private placement basis, to eligible purchasers (the "Offering"). Seven Generations intends to use the net proceeds of the Offering, together with its cash balances, to repurchase its outstanding US$700 million aggregate principal amount 8.250% senior unsecured notes due 2020 which were tendered pursuant to its previously announced tender offer that expired on September 29, 2017, to
Sep 29, 2017 08:44 pm ET
Seven Generations announces expiration of tender offer for its 8.250% senior unsecured notes due 2020
Seven Generations Energy Ltd.'s (TSX:VII) tender offer was accepted by holders representing US$224,340,000 aggregate principal amount of 7G's 8.250% senior unsecured notes due 2020 (the "Notes"). The previously announced cash tender offer to...
Sep 29, 2017 08:44 pm ET
Seven Generations announces expiration of tender offer for its 8.250% senior unsecured notes due 2020
Seven Generations Energy Ltd.'s (TSX: VII) tender offer was accepted by holders representing US$224,340,000 aggregate principal amount of 7G's 8.250% senior unsecured notes due 2020 (the "Notes"). The previously announced cash tender offer to purchase any and all of the outstanding principal amount of the Notes expired at 5:00 p.m., EDT, on September 29, 2017 (the "Expiration Time"). Seven Generations intends to accept for payment all Notes validly tendered and not validly withdrawn in the tender offer and expects to make payment for such Notes on October 2, 2017.
Sep 25, 2017 08:43 pm ET
Seven Generations prices offering of US$700 million senior unsecured notes due 2025 at 5.375%
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Seven Generations Energy Ltd. (TSX:VII) has priced an offering of US$700 million aggregate principal amount of senior unsecured notes due...
Sep 25, 2017 07:27 am ET
Seven Generations launches tender offer for any and all of its 8.250% senior unsecured notes due 2020
Seven Generations Energy Ltd. (TSX:VII) has commenced a cash tender offer to purchase any and all of its 8.250% senior unsecured notes due 2020 (the "Notes"). As of September 22, 2017, US$700 million aggregate principal amount of the Notes was...
Sep 25, 2017 07:27 am ET
Seven Generations launches tender offer for any and all of its 8.250% senior unsecured notes due 2020
Seven Generations Energy Ltd. (TSX: VII) has commenced a cash tender offer to purchase any and all of its 8.250% senior unsecured notes due 2020 (the "Notes"). As of September 22, 2017, US$700 million aggregate principal amount of the Notes was outstanding. The tender offer is being made pursuant to an offer to purchase (the "Offer to Purchase") and a related letter of transmittal, each dated September 25, 2017, and a notice of guaranteed delivery. The tender offer will expire at 5:00 p.m., New York City time, on September 29, 2017, unless extended. Tendered Notes may be
Sep 25, 2017 07:23 am ET
Seven Generations proposes offering of US$700 million senior unsecured notes due 2025
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Seven Generations Energy Ltd. (TSX:VII) is proposing to offer, on a private placement basis, US$700 million aggregate principal amount of...
Sep 14, 2017 05:10 pm ET
Grande Prairie's energy community raises $510,000 for the Grande Prairie Regional Hospital Foundation
Seven Generations Energy Ltd. (TSX: VII), together with business partners, suppliers, service companies, contractors and community members, raised $510,000 for the Grande Prairie Regional Hospital Foundation last week. This year's fundraising efforts brings the total amount raised to more than $1.7 million in five years.
Sep 14, 2017 05:08 pm ET
Grande Prairie's energy community raises $510,000 for the Grande Prairie Regional Hospital Foundation
Seven Generations Energy Ltd. (TSX:VII), together with business partners, suppliers, service companies, contractors and community members, raised $510,000 for the Grande Prairie Regional Hospital Foundation last week. This year's fundraising efforts...
Aug 03, 2017 07:00 am ET
Seven Generations Q2 funds from operations up 36% to $268.1 million, or 73 cents per share
Seven Generations Energy Ltd. (TSX: VII) continued its strong financial and operating performance in the second quarter of 2017, generating funds from operations of $268.1 million, or 73 cents per share, up 36 and 11 percent, respectively, compared to the second quarter of 2016. Second quarter production was 165,200 barrels of oil equivalent per day (boe/d), record volumes that mark a 41 percent increase compared to one year earlier. 7G's liquids-to-gas ratio continued at the high end of the forecast range, averaging 59 percent, with the condensate-to-gas ratio averaging 132 barrels per
Aug 03, 2017 06:58 am ET
Seven Generations Q2 funds from operations up 36% to $268.1 million, or 73 cents per share
Seven Generations Energy Ltd. (TSX:VII) continued its strong financial and operating performance in the second quarter of 2017, generating funds from operations of $268.1 million, or 73 cents per share, up 36 and 11 percent, respectively,...
Jul 05, 2017 06:58 am ET
Seven Generations on track to meet 2017 production guidance
Seven Generations Energy Ltd.'s (TSX:VII) second quarter production averaged approximately 164,000 boe/d, while June's production is estimated to be approximately 179,000 boe/d, based on field estimates. 7G's production growth is on track to meet...
Jun 12, 2017 07:00 am ET
Seven Generations' lenders increase credit facility from $1.1 billion to $1.4 billion
Seven Generations Energy Ltd.'s (TSX: VII) lenders have agreed to increase the size of the company's senior secured credit facility by about 27 percent, from $1.1 billion to $1.4 billion. With this increase, 7G had available funding of about $1.9 billion as of March 31, 2017 on a pro-forma basis.
Jun 12, 2017 06:58 am ET
Seven Generations' lenders increase credit facility from $1.1 billion to $1.4 billion
Seven Generations Energy Ltd.'s (TSX:VII) lenders have agreed to increase the size of the company's senior secured credit facility by about 27 percent, from $1.1 billion to $1.4 billion. With this increase, 7G had available funding of about...
Jun 09, 2017 06:15 pm ET
S&P Dow Jones Indices Announces Changes to the S&P/TSX Canadian Indices
Results of the Quarterly Review of the S&P/TSX Composite Index
Jun 01, 2017 05:20 pm ET
Seven Generations Energy's CEO transition moves ahead
The Board of Directors of Seven Generations Energy Ltd. (TSX: VII) has approved a CEO transition plan that will see founding Chief Executive Officer Pat Carlson retire on June 30, 2017.
Jun 01, 2017 05:20 pm ET
Seven Generations Energy's CEO transition moves ahead
The Board of Directors of Seven Generations Energy Ltd. (TSX:VII) has approved a CEO transition plan that will see founding Chief Executive Officer Pat Carlson retire on June 30, 2017.
Marty Proctor, President & Chief Operating Officer,...
May 04, 2017 10:30 pm ET
Seven Generations Reports Voting Results of Election of Directors
Seven Generations Energy Ltd. ("Seven Generations" or "7G") (TSX: VII) reports director election results from its annual and special meeting of shareholders held May 4, 2017 (the "Meeting"). All of the proposed nominees were elected to serve as directors until the next annual meeting of shareholders, or until their successors are duly elected or appointed.
May 04, 2017 10:30 pm ET
Seven Generations Reports Voting Results of Election of Directors
Seven Generations Energy Ltd. ("Seven Generations" or "7G") (TSX:VII) reports director election results from its annual and special meeting of shareholders held May 4, 2017 (the "Meeting"). All of the proposed nominees were elected to serve as...
May 04, 2017 07:00 am ET
Seven Generations' Q1 production reaches 153,100 boe/d
Seven Generations Energy Ltd.'s (TSX: VII) first quarter production averaged 153,100 barrels of oil equivalent per day (boe/d), up 73 percent from the same period last year. With record quarterly production and stronger commodity prices, first quarter funds from operations also set a record at $272.3 million or 75 cents per share, an increase of 146 and 88 percent, respectively, compared to the first quarter of 2016.
May 04, 2017 06:58 am ET
Seven Generations' Q1 production reaches 153,100 boe/d
Seven Generations Energy Ltd.'s (TSX:VII) first quarter production averaged 153,100 barrels of oil equivalent per day (boe/d), up 73 percent from the same period last year. With record quarterly production and stronger commodity prices, first...
Mar 08, 2017 07:00 am ET
Seven Generations Boosts 2016 Production 95 Percent to 117,800 boe/d, Generates Record Funds From Operations of $733 Million
Seven Generations Energy Ltd. (TSX: VII) nearly doubled production in 2016 to 117,800 barrels of oil equivalent per day (boe/d), up 65 percent from 2015 on a per share basis. Funds from operations increased 77 percent to $733 million, or $2.30 per share - up 50 percent per share compared to 2015. Capital investment in 2016 was $978 million, 25 percent lower than in 2015. Fourth quarter production increased 70 percent compared to a year earlier to average 132,300 boe/d, and funds from operations were $220 million, up 107 percent compared to the fourth quarter of 2015.
Mar 08, 2017 06:58 am ET
Seven Generations Boosts 2016 Production 95 Percent to 117,800 boe/d, Generates Record Funds From Operations of $733 Million
Seven Generations Energy Ltd. (TSX:VII) nearly doubled production in 2016 to 117,800 barrels of oil equivalent per day (boe/d), up 65 percent from 2015 on a per share basis. Funds from operations increased 77 percent to $733 million, or $2.30...
Jan 23, 2017 06:36 pm ET
Seven Generations Energy's Annual Strategic Update confirms improving well performance and growth capacity
Seven Generations Energy Ltd. (TSX:VII) has published its Annual Strategic Update, a comprehensive report that confirms that its assets are performing as expected. Growth for 2017 is underpinned by a rigorous plan built on continued strong well...
Jan 23, 2017 06:36 pm ET
Seven Generations Energy's Annual Strategic Update confirms improving well performance and growth capacity
Seven Generations Energy Ltd. (TSX: VII) has published its Annual Strategic Update, a comprehensive report that confirms that its assets are performing as expected. Growth for 2017 is underpinned by a rigorous plan built on continued strong well performance that is meeting or exceeding well production type curves in the Kakwa River Project. The update, posted on www.7genergy.com, provides stakeholders with a wide-ranging discussion of 7G's strategy, performance, leadership, culture and stakeholder service.
Jan 06, 2017 08:13 pm ET
Seven Generations provides 2016 operational update
Seven Generations Energy Ltd. (TSX:VII) invested less than $1 billion in its 2016 capital program, compared to the company's forecast of $1.05 to $1.1 billion. This reduced capital investment resulted in lower than forecast fourth quarter...
Jan 06, 2017 08:13 pm ET
Seven Generations provides 2016 operational update
Seven Generations Energy Ltd. (TSX: VII) invested less than $1 billion in its 2016 capital program, compared to the company's forecast of $1.05 to $1.1 billion. This reduced capital investment resulted in lower than forecast fourth quarter production, which is now expected to result in 2016 average production of about 117,500 barrels of oil equivalent per day (boe/d), compared to 2016 production guidance of 120,000 to 125,000 boe/d. Corporate liquids yields for 2016 remain at the high end of the 55 to 60 percent guidance range.
Jan 03, 2017 05:15 pm ET
S&P Dow Jones Indices Announces Changes to the S&P/TSX Canadian Indices
A Distribution as a Dividend of Shares of Seven Generations Energy Ltd. (VII) by Paramount Resources Ltd. (POU)
Dec 02, 2016 07:00 am ET
Founding executives and directors of Seven Generations exercise long-term equity incentives expiring in May 2017
Some of Seven Generations Energy Ltd.'s officers and directors, who acquired equity-based compensation during the company's private phase and prior to the 2014 initial public offering, still hold stock options and performance warrants that expire in May 2017. Those officers and directors have and are expected to exercise the options and performance warrants, and sell some of the shares obtained upon the exercise of those securities, prior to expiry. This includes trades by 7G's Chief Executive Officer Pat Carlson. Such transactions are reported on the System for Electronic Disclosure by
Dec 02, 2016 06:58 am ET
Founding executives and directors of Seven Generations exercise long-term equity incentives expiring in May 2017
Some of Seven Generations Energy Ltd.'s officers and directors, who acquired equity-based compensation during the company's private phase and prior to the 2014 initial public offering, still hold stock options and performance warrants that...
Nov 24, 2016 08:00 am ET
Seven Generations hires senior midstream executive Tim Stauft to lead market development division
Seven Generations (TSX: VII) has hired senior midstream executive Tim Stauft to head up the company's market development division, which is focused on identifying, evaluating and expanding new markets for 7G's growing liquids-rich natural gas and...
Nov 24, 2016 07:00 am ET
Seven Generations hires senior midstream executive Tim Stauft to lead market development division
Seven Generations (TSX: VII) has hired senior midstream executive Tim Stauft to head up the company's market development division, which is focused on identifying, evaluating and expanding new markets for 7G's growing liquids-rich natural gas and natural gas liquids production.
Nov 10, 2016 07:00 pm ET
Seven Generations' Senior Vice President Steve Haysom retires
Steve Haysom, a 7G founder, lead geologist and Senior Vice President at Seven Generations, has retired from the company in order to be closer to his extended family in the Maritimes. Steve and his family have relocated to his home province of Nova Scotia.
Nov 10, 2016 06:58 pm ET
Seven Generations' Senior Vice President Steve Haysom retires
Steve Haysom, a 7G founder, lead geologist and Senior Vice President at Seven Generations, has retired from the company in order to be closer to his extended family in the Maritimes. Steve and his family have relocated to his home province of Nova...
Nov 02, 2016 08:08 am ET
CORRECTION - Seven Generations Q3 production reaches 132,625 boe/d, up 119%, funds from operations up 123% to $212 million
This document corrects and replaces the press release sent by Seven Generations Energy Ltd. on November 2nd, 2016 at 7:00 AM ET. In the capital investment table, the corrected total for Facilities & Infrastructure is 525. The complete corrected text follows.
Nov 02, 2016 08:07 am ET
CORRECTION - Seven Generations Q3 production reaches 132,625 boe/d, up 119%, funds from operations up 123% to $212 million
This document corrects and replaces the press release sent by Seven Generations Energy Ltd. on November 2nd, 2016 at 7:00 AM ET. In the capital investment table, the corrected total for Facilities & Infrastructure is 525. The...
Nov 02, 2016 07:00 am ET
Seven Generations Q3 production reaches 132,625 boe/d, up 119%, funds from operations up 123% to $212 million
Seven Generations Energy Ltd. (TSX: VII) achieved record production of 132,625 barrels of oil equivalent per day (boe/d) in the third quarter of 2016, up 119 percent compared to the same period in 2015. Third quarter 2016 condensate production increased 105 percent to about 46,453 barrels per day (bbls/d) compared to a year earlier. Third quarter natural gas production was 314 MMcf/d, up 120 percent from a year earlier, while funds from operations were $212 million, up 123 percent compared to the third quarter of 2015.
Nov 02, 2016 06:58 am ET
Seven Generations Q3 production reaches 132,625 boe/d, up 119%, funds from operations up 123% to $212 million
Seven Generations Energy Ltd. (TSX:VII) achieved record production of 132,625 barrels of oil equivalent per day (boe/d) in the third quarter of 2016, up 119 percent compared to the same period in 2015. Third quarter 2016 condensate production...
Oct 12, 2016 07:00 am ET
Seven Generations' Change of Control Offer for 6.875% Senior Notes Due 2023 Expires Without Any Noteholders Tendering to the Offer
The change of control offer made by Seven Generations Energy Ltd. ("Seven Generations" or "7G") (TSX: VII) to purchase any and all of the 6.875% Senior Notes due 2023 (CUSIP Nos. 699320AH0/C71947AA0) (the "Notes"), originally issued by Paramount Resources Ltd. ("Paramount"), expired at midnight Eastern Time on October 9, 2016.
Oct 12, 2016 06:58 am ET
Seven Generations' Change of Control Offer for 6.875% Senior Notes Due 2023 Expires Without Any Noteholders Tendering to the Offer
The change of control offer made by Seven Generations Energy Ltd. ("Seven Generations" or "7G") (TSX:VII) to purchase any and all of the 6.875% Senior Notes due 2023 (CUSIP Nos. 699320AH0/C71947AA0) (the "Notes"), originally issued by Paramount...
Sep 23, 2016 06:15 pm ET
S&P Dow Jones Indices Announces Changes to the S&P/TSX Canadian Indices
An Index Weight Change for Seven Generations Energy Ltd. (TSX:VII)
Sep 19, 2016 06:58 am ET
Seven Generations Advances Market Access Initiatives Through LNG Export Development Agreement
Seven Generations Energy Ltd. (TSX: VII) has entered into a development agreement with Vancouver's Steelhead LNG to explore infrastructure development and open new overseas markets for Canadian natural gas. 7G has also acquired a minority ownership interest in Steelhead LNG. This investment was funded using capital that has been designated to support 7G's market access initiatives, which constitutes less than five percent of 7G's 2016 capital budget.
Sep 19, 2016 06:56 am ET
Seven Generations Advances Market Access Initiatives Through LNG Export Development Agreement
Seven Generations Energy Ltd. (TSX:VII) has entered into a development agreement with Vancouver's Steelhead LNG to explore infrastructure development and open new overseas markets for Canadian natural gas. 7G has also acquired a minority...
Sep 16, 2016 07:00 am ET
Grande Prairie's tight natural gas sector raises more than $360,000 for Grande Prairie Regional Hospital Foundation
Seven Generations Energy Ltd. (TSX: VII), its service providers and suppliers, capital providers, competing producers and employees, raised more than $360,000 dollars for the Grande Prairie Regional Hospital Foundation at 7G's fourth annual golf tournament last week. Seven Generations thanks all the generous and community-minded companies, individuals and organizations for contributing to a new single-year record - and helping push this event's total donations to nearly $1.2 million since 2013.
Sep 16, 2016 06:58 am ET
Grande Prairie's tight natural gas sector raises more than $360,000 for Grande Prairie Regional Hospital Foundation
Seven Generations Energy Ltd. (TSX:VII), its service providers and suppliers, capital providers, competing producers and employees, raised more than $360,000 dollars for the Grande Prairie Regional Hospital Foundation at 7G's fourth annual golf...
Sep 09, 2016 04:03 pm ET
Seven Generations Commences Change of Control Offer for 6.875% Senior Notes Due 2023 Originally Issued by Paramount Resources Ltd.
Seven Generations Energy Ltd. ("Seven Generations" or "7G") (TSX:VII) has commenced a change of control offer (the "Offer") for any and all of its outstanding US $450,000,000 principal amount of 6.875% Senior Notes due 2023 (CUSIP Nos....
Sep 09, 2016 04:03 pm ET
Seven Generations Commences Change of Control Offer for 6.875% Senior Notes Due 2023 Originally Issued by Paramount Resources Ltd.
Seven Generations Energy Ltd. ("Seven Generations" or "7G") (TSX: VII) has commenced a change of control offer (the "Offer") for any and all of its outstanding US $450,000,000 principal amount of 6.875% Senior Notes due 2023 (CUSIP Nos. 699320AH0/C71947AA0) (the "Notes"). The Notes were originally issued by Paramount Resources Ltd. ("Paramount") pursuant to an indenture dated as of June 5, 2015 (the "Indenture") and assumed by 7G on August 18, 2016 in connection with its acquisition from Paramount of Montney liquids-rich natural gas
Aug 23, 2016 06:15 pm ET
S&P Dow Jones Indices Announces Changes to the S&P/TSX Canadian Indices
A Relative Weight Change for Seven Generations Energy Ltd. (TSX:VII)
Aug 18, 2016 09:20 am ET
Seven Generations Closes Acquisition of Montney Nest Assets That Significantly Expand High-Growth Kakwa River Project
Seven Generations Energy Ltd. (TSX:VII) has closed its acquisition of Montney liquids-rich natural gas assets in northwest Alberta from Paramount Resources Ltd.
"This acquisition significantly expands our Kakwa River Project, increasing...
Aug 18, 2016 09:19 am ET
Seven Generations Closes Acquisition of Montney Nest Assets That Significantly Expand High-Growth Kakwa River Project
Seven Generations Energy Ltd. (TSX: VII) has closed its acquisition of Montney liquids-rich natural gas assets in northwest Alberta from Paramount Resources Ltd.
Aug 04, 2016 07:00 am ET
Seven Generations Continues Robust Growth in Production and Funds from Operations in the Second Quarter of 2016
Seven Generations Energy Ltd. (TSX: VII) produced a record 117,353 barrels of oil equivalent per day (boe/d) in the second quarter of 2016, up 116 percent from the second quarter of 2015, and up 33 percent from the first quarter of the year. Second quarter condensate production increased 87 percent from the same quarter in 2015 to 38,803 boe/d.
Aug 04, 2016 06:58 am ET
Seven Generations Continues Robust Growth in Production and Funds from Operations in the Second Quarter of 2016
Seven Generations Energy Ltd. (TSX:VII) produced a record 117,353 barrels of oil equivalent per day (boe/d) in the second quarter of 2016, up 116 percent from the second quarter of 2015, and up 33 percent from the first quarter of the year. Second...
Jul 26, 2016 08:41 am ET
Seven Generations Closes $748 Million Equity Financing
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Seven Generations Energy Ltd. (TSX:VII) (Seven Generations or 7G) has closed its previously announced bought-deal equity financing...
Jul 07, 2016 09:04 am ET
IIROC Trade Resumption - VII
TORONTO, July 7, 2016 /CNW/ - Trading resumes in:
Jul 06, 2016 04:35 pm ET
IIROC Trading Halt - POU; VII
TORONTO, July 6, 2016 /CNW/ - The following issues have been halted by IIROC:
Jul 06, 2016 03:41 pm ET
Seven Generations to Significantly Expand High-Growth Kakwa River Project With Agreement to Acquire Neighbouring Montney Assets for About $1.9 Billion
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
7G launches concurrent $650 million bought deal common share offering of subscription receipts to partially fund...
Jul 06, 2016 03:41 pm ET
Seven Generations to Significantly Expand High-Growth Kakwa River Project With Agreement to Acquire Neighbouring Montney Assets for About $1.9 Billion
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Jun 01, 2016 07:00 am ET
Seven Generations' Lenders Extend $850 Million Credit Facility
Seven Generations Energy Ltd.'s (TSX: VII) lenders have renewed and extended the company's $850 million credit facility following a scheduled redetermination of its borrowing base.
Jun 01, 2016 06:58 am ET
Seven Generations' Lenders Extend $850 Million Credit Facility
Seven Generations Energy Ltd.'s (TSX:VII) lenders have renewed and extended the company's $850 million credit facility following a scheduled redetermination of its borrowing base.
"We appreciate the ongoing support from our lending...
May 04, 2016 11:00 pm ET
Seven Generations Reports Voting Results of Election of Directors
Seven Generations Energy Ltd. (TSX:VII) reports director election results from its Annual and Special Meeting of Shareholders held May 4, 2016. All of the proposed nominees were elected to serve as directors until the next annual meeting of the...
May 04, 2016 11:00 pm ET
Seven Generations Reports Voting Results of Election of Directors
Seven Generations Energy Ltd. (TSX: VII) reports director election results from its Annual and Special Meeting of Shareholders held May 4, 2016. All of the proposed nominees were elected to serve as directors until the next annual meeting of the shareholders. The voting results are set forth below:
May 04, 2016 07:00 am ET
Seven Generations Production Surpasses 100,000 Boe/d in April; Record Quarterly Production of 88,525 Boe/d in Q1
Seven Generations Energy Ltd. (TSX: VII) delivered record production of 88,525 barrels of oil equivalent per day (boe/d) in the first quarter of 2016, up 82 per cent from the same period one year earlier. With the new Cutbank processing plant on-stream, April production averaged more than 105,000 boe/d, putting 7G on track to achieve 2016 production guidance of 100,000 to 110,000 boe/d.
May 04, 2016 06:58 am ET
Seven Generations Production Surpasses 100,000 Boe/d in April; Record Quarterly Production of 88,525 Boe/d in Q1
Seven Generations Energy Ltd. (TSX:VII) delivered record production of 88,525 barrels of oil equivalent per day (boe/d) in the first quarter of 2016, up 82 per cent from the same period one year earlier. With the new Cutbank processing plant...
Apr 19, 2016 08:56 pm ET
Seven Generations files Amended and Restated Information Circular and Proxy Statement on SEDAR
Seven Generations Energy Ltd. (TSX:VII) today filed on SEDAR an Amended and Restated Information Circular and Proxy Statement (the Amended Circular), which is also posted on 7G's website. The Amended Circular corrects errors in a table on...
Apr 19, 2016 08:56 pm ET
Seven Generations files Amended and Restated Information Circular and Proxy Statement on SEDAR
Seven Generations Energy Ltd. (TSX: VII) today filed on SEDAR an Amended and Restated Information Circular and Proxy Statement (the Amended Circular), which is also posted on 7G's website. The Amended Circular corrects errors in a table on page 39 summarizing Termination and Change of Control Benefits. The correct calculation of benefits is substantially lower than had been set forth in the Information Circular and Proxy Statement dated March 23, 2016 (the Initial Circular). The Amended Circular otherwise remains unchanged from the Initial Circular. The restated information in the Amended
Mar 30, 2016 07:00 am ET
Seven Generations Starts Processing Liquids-Rich Natural Gas at New Cutbank Plant in Northwest Alberta
Seven Generations Energy Ltd. (TSX: VII) has completed the construction and commissioning of its Cutbank processing plant at the Company's Kakwa River Project in northwest Alberta.
Mar 09, 2016 07:00 am ET
Seven Generations Achieves Record Production of 60,400 boe/d in 2015; Funds from Operations Reach $415 Million
Seven Generations Energy Ltd. (TSX: VII) achieved record production of 60,403 barrels of oil equivalent per day (boe/d) in 2015, slightly more than 7G's guidance range of 55,000 to 60,000 boe/d, and up 94 percent from 2014. Despite a 43 percent year-over-year drop in commodity prices, 2015 funds from operations remained robust at $415 million, up 26 percent compared to 2014. 7G production finished strong in 2015, with fourth quarter production rising to average 77,699 boe/d, up 76 percent compared to a year earlier and up 28 per cent from the third quarter of 2015. Capital investment in 2015
Disclaimer :: Use of this site is subject to, and your continued use
constitutes your express agreement to be bound by, our Legal and Terms of Use. Any commercial use of this site is
strictly prohibited. Canadianinsider.com is operated by INK Research Corp (INK). INK provides general information.
INK has made all reasonable efforts to ensure that all information provided is accurate at the time of inclusion;
however, there may be errors. INK makes no guarantee of accuracy or completeness. All information and opinion
expressed herein is subject to change without notice. Read more...Insider information is based on filings made on the System
for Electronic Disclosure for Insiders (SEDI®). Data is provided “as is” and by using this site
you acknowledge that the information which comprises the data is filed by or on behalf of the SEDI filers or other
parties legally required or permitted to do so. Filings may at any time contain errors and by using this site you
acknowledge this fact. INK is not an investment advisory service, a financial planner, an investment advisor nor a
securities advisor. INK does not purport to tell people, or suggest to people, what they should buy or sell for
themselves. Opinions and recommendations contained herein should not be construed as investment advice. Do not
assume that any recommendations, insights, charts, theories, or philosophies will ensure profitable investment.
Users should always consult with and obtain advice from their professional licensed financial advisor, including
their tax advisor, to determine the suitability of any investment. INK recommends that anyone making an investment
or trading securities do so with caution. Users should perform full due diligence and investigate any security
fully before making an investment or before the execution of a security trade based upon information learned
through INK. Investors should obtain annual reports and other company information to complete their own due
diligence in any investment. Neither INK nor anyone affiliated with INK is responsible for any investment decision
made. INK employees may have an ownership or investment interest in any stock mentioned in this service or on this
website. On this site, there may be third party content, content from authors or links to third-party sites or
pages, the contents of which are not verified, maintained, controlled or supervised by INK. INK is not responsible
for and assumes no liability for the accuracy, completeness or timeliness of any third party content or authored
content provided herein or the information or contents of any linked sites or pages. The inclusion of any authored
content or link by us does not imply that INK recommends, approves or endorses the authored content or linked site
or pages. INK Edge® and INK Research® are registered trade-marks owned by INK Research Corp. SEDI®
is a registered trade-mark owned by the Alberta Securities Commission.Read less
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.
Interactive technical study charts by TradingView. Copyright © 2024 INK Research Corp. All rights reserved. All trade-marks or trade names not owned by INK Research Corp. are the property of their respective owners.