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Seven Generations Energy Ltd (VII.TO)

VII.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Seven Generations Energy's ‍board approves 2018 capital investment of $1.675 bln to $1.775 bln
Thursday, 16 Nov 2017 07:00am EST 

Nov 16 (Reuters) - Seven Generations Energy Ltd :Seven Generations Energy Ltd - ‍board of directors has approved 2018 capital investment of $1.675 to $1.775 billion​.Seven Generations Energy Ltd - co's 2018 capital investment is expected to grow production next year by an estimated range of 14 to 20 percent.Seven Generations Energy Ltd - ‍2018 capital investment will target an average production range of 200,000 to 210,000 boe/d in 2018​.Seven Generations Energy Ltd - ‍2018 capital investment will build longer-term capacity to produce 220,000 to 240,000 boe/d in 2019​.Seven Generations Energy Ltd - ‍2018 capital investments expected to drive production through 2019​.  Full Article

Seven Generations Energy Ltd Q3 FFO per share ‍$0.78​
Thursday, 2 Nov 2017 07:00am EDT 

Nov 2 (Reuters) - Seven Generations Energy Ltd :Seven Generations delivers $284 million of funds from operations in third quarter, up 22 percent per share.Seven Generations Energy Ltd - ‍production averaged 183,920 BOE/d in Q3 of 2017, up 39 percent​.Seven Generations Energy Ltd - qtrly FFO per share ‍$0.78​.  Full Article

Seven Generations prices senior unsecured notes
Monday, 25 Sep 2017 09:04pm EDT 

Sept 25 (Reuters) - Seven Generations Energy Ltd :Priced an offering of US$700 million aggregate principal amount of senior unsecured notes due 2025 at 5.375%.  Full Article

Seven Generations launches tender offer for 8.25 pct senior unsecured notes due 2020
Monday, 25 Sep 2017 07:28am EDT 

Sept 25 (Reuters) - Seven Generations Energy Ltd :Seven Generations launches tender offer for any and all of its 8.250% senior unsecured notes due 2020.Seven Generations Energy - ‍Tender offer will expire at 5:00 p.m., New York City time, on September 29, 2017, unless extended​.  Full Article

Seven Generations Energy Q2 production 165,200 boe/d
Thursday, 3 Aug 2017 07:00am EDT 

Aug 3 (Reuters) - Seven Generations Energy Ltd :Seven Generations Q2 funds from operations up 36% to $268.1 million, or 73 cents per share.Q2 production was 165,200 barrels of oil equivalent per day (boe/d), up 41 percent.Intends to complete a $1.5 billion to $1.6 billion capital investment program in 2017.7G's 2017 production guidance is 175,000 to 180,000 boe/d, 55 to 60 percent of which is expected to be composed of liquids.  Full Article

Seven Generations Energy Q2 FFO up 36%
Thursday, 3 Aug 2017 07:00am EDT 

Aug 3 (Reuters) - Seven Generations Energy Ltd ::Seven generations Q2 funds from operations up 36% to $268.1 million, or 73 cents per share.Q2 production was 165,200 Boe/D, 41 percent increase compared to one year earlier.Seven Generations Energy Ltd says intends to complete a $1.5 billion to $1.6 billion capital investment program in 2017.Q2 funds from operations were 73 cents per share.Seven Generations Energy Ltd says 2017 production guidance is 175,000 to 180,000 boe/d, 55 to 60 percent of which is expected to be composed of liquids.  Full Article

Seven Generations on track to meet 2017 production guidance
Wednesday, 5 Jul 2017 07:00am EDT 

July 5 (Reuters) - Seven Generations Energy Ltd ::Seven Generations on track to meet 2017 production guidance.Seven Generations Energy Ltd - 7G's production growth is on track to meet 2017 production guidance of 180,000 to 190,000 BOE/D,.Seven Generations Energy Ltd - annual production is on track despite an unplanned third-party facility outage for four days in May.Seven Generations Energy Ltd - operating and transportation expenses in Q2 are estimated to be about $1.50 per boe higher than during Q1 of 2017.Seven Generations Energy Ltd - Q2 production averages approximately 164,000 BOE/D.  Full Article

Seven Generations' lenders increase credit facility from $1.1 bln to $1.4 bln
Monday, 12 Jun 2017 07:00am EDT 

June 12 (Reuters) - Seven Generations Energy Ltd :Seven generations' lenders increase credit facility from $1.1 billion to $1.4 billion.Seven generations energy ltd - with credit facility increase, 7g had available funding of about $1.9 billion as of march 31, 2017 on a pro-forma basis.Seven generations energy ltd - "we plan to continue our conservative approach to debt and draws on our credit facility".Seven generations energy ltd - now have access to $1.4 billion in addition to adjusted working capital of about $500 million that co had at end of q1 of 2017.Seven generations energy ltd - credit facility matures on june 9, 2021.  Full Article

Seven Generations' lenders increase credit facility from $1.1 bln to $1.4 bln
Monday, 12 Jun 2017 07:00am EDT 

June 12 (Reuters) - Seven Generations Energy Ltd :Seven Generations' lenders increase credit facility from $1.1 billion to $1.4 billion.Lenders agreed to increase size of company's senior secured credit facility by about 27 percent, from $1.1 bln to $1.4 bln.New facility structure provides 7G with four years of funding and ensures committed credit capacity across commodity price cycle.With increase in credit facility, co had available funding of about $1.9 billion as of March 31, 2017 on a pro-forma basis.  Full Article

Seven Generations Energy ‍names Marty Proctor CEO effective July 1, 2017​
Thursday, 1 Jun 2017 05:21pm EDT 

June 1 (Reuters) - Seven Generations Energy Ltd :Seven generations energy's ceo transition moves ahead.Seven generations energy ltd- board approved a ceo transition plan that will see founding chief executive officer pat carlson retire on june 30, 2017.Seven generations energy ltd- ‍marty proctor, president & chief operating officer, will become president & chief executive officer on july 1, 2017​.Seven generations energy ltd- carlson will continue as a 7g director.  Full Article

BRIEF-Seven Generations Energy's ‍board approves 2018 capital investment of $1.675 bln to $1.775 bln

* Seven Generations Energy Ltd - ‍board of directors has approved 2018 capital investment of $1.675 to $1.775 billion​