Seven Generations Energy Ltd.

Seven Generations Energy Ltd. , 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 at the annual Seven Generations Energy Charity Golf Tournament last week. This year’s fundraising efforts [...]

CALGARY, Alberta, Aug. 02, 2018 -- 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 percent from the same period in 2017. 7G’s realized pricing increased 26 percent [...]

CALGARY, Alberta, May 03, 2018 -- Seven Generations Energy Ltd. reports director election results from its annual meeting of shareholders held May 3, 2018 . 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. 308,430,997 class A [...]

CALGARY, Alberta, May 03, 2018 -- Seven Generations 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. Condensate production averaged 67,285 barrels per day , up 30 percent from the [...]

CALGARY, Alberta, March 21, 2018 -- All Seven Generations Energy Ltd. insiders participating in an automatic securities disposition plan have elected to amend certain provisions of the ASDP with immediate effect. As required by the terms of the ASDP, each of the insiders has confirmed to 7G that, at the date of amendment of the ASDP, such insider [...]

Return on capital employed of 10% in 2017 Q4 condensate production of 63,700 bbls/d, up 47%; operating netback of $24.86 per boe CALGARY, Alberta, March 14, 2018 -- Seven Generations achieved record funds from operations of $1.23 billion for 2017 and $404 million in the fourth quarter, up 66 percent and 84 percent respectively from the same periods [...]

CALGARY, Alberta, Feb. 12, 2018 -- Seven Generations Energy Ltd. has established an automatic securities disposition plan to facilitate the exercise by certain insiders of options and performance warrants that are expiring in 2018 and the potential sale of common shares acquired on such exercise. The orderly sale of common shares acquired under the [...]

CALGARY, Alberta, Feb. 01, 2018 -- 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 functions. “We are pleased to welcome Derek Aylesworth to Seven Generations. Derek brings [...]

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 [...]

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 [...]