Seven Generations Energy Ltd.'s 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 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 . Seven [...]
Closing expected to occur on October 2, 2017 CALGARY, ALBERTA--(Marketwired - Sept. 25, 2017) - 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 2025 (the [...]
CALGARY, ALBERTA--(Marketwired - Sep 25, 2017) - 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 [...]
Net proceeds to be used to repurchase US$700 million 8.250% senior unsecured notes due 2020 CALGARY, ALBERTA--(Marketwired - Sept. 25, 2017) - 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 [...]
More than $1.7 million raised since 2013 at five 7G charity golf tournaments CALGARY, ALBERTA--(Marketwired - Sep 14, 2017) - 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 [...]
Strong condensate production, well results indicate potential expansion of top-tier drilling inventory CALGARY, ALBERTA--(Marketwired - Aug 3, 2017) - 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 [...]
- Q2 production averages approximately 164,000 boe/d; - June production estimated to be approximately 179,000 boe/d CALGARY, ALBERTA--(Marketwired - July 5, 2017) - 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 [...]
Moved to covenant-based facility and increased facility term to four years CALGARY, ALBERTA--(Marketwired - June 12, 2017) - 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 [...]
Founder Pat Carlson to retire, Marty Proctor to lead Senior Executive Leadership Team CALGARY, ALBERTA--(Marketwired - Jun 1, 2017) - 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 [...]
CALGARY, ALBERTA--(Marketwired - May 4, 2017) - 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 [...]
Year-over-year quarterly production up 73%, funds from operations up 146% to $272 million Rising production rates on track to average 180,000 - 190,000 boe/d in 2017 CALGARY, ALBERTA--(Marketwired - May 4, 2017) - Seven Generations Energy Ltd.'s (TSX:VII) first quarter production averaged 153,100 barrels of oil equivalent per day (boe/d), up 73 [...]
Production per share up 65 percent, funds from operations per share up 50 percent Proved plus probable reserves up 79 percent to 1.53 billion boe CALGARY, ALBERTA--(Marketwired - Mar 8, 2017) - 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 [...]