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Terms of Use

This website is the property of Seven Generations Energy Ltd. (“Seven Generations”). Seven Generations encourages you to use this website and information contained herein for your personal, non-commercial use. By accessing this website, visitors indicate their acceptance of the following terms and conditions (“Terms of Use”). Please read the Terms of Use carefully before using this website. Seven Generations may update these Terms of Use at any time without notice. By accessing or using the website after such revisions are posted, you agree to the revised Terms of Use. Visitors should check this posting regularly to review the Terms of Use and any revisions.

The Terms of Use were last updated: July 16, 2019.

No Solicitation

The information provided through this website is intended solely for the general knowledge of visitors to the website and does not constitute an offer or a solicitation of an offer for the purchase or sale of any shares or other securities of Seven Generations in any jurisdiction. Content available on or through this website is not intended to modify, qualify, supplement or amend the documents that Seven Generations has made available to the public pursuant to the requirements of applicable corporate and securities legislation and regulations and should not be used for the purpose of making investment decisions concerning Seven Generations’ securities. Official versions of Seven Generations’ public disclosure documents, which should be considered by prospective investors, are available on the SEDAR website at

Copyright and Trademarks

By accessing this website, visitors agree and acknowledge that any and all information, content, reports, data, databases, graphics, interfaces, web pages, text, files, software, product names, company names, trademarks, logos and trade names contained on this website (collectively the “content”), including the manner in which the content is presented or appears and all information relating thereto, are the property of Seven Generations or its licensors. This website and the content are protected by copyright, trademark and other proprietary rights of Seven Generations or third parties. Except as expressly permitted herein, no portion of this website or the content, including trademarks, logos and service marks, may be reproduced in any form or by any means without prior written permission from Seven Generations or the applicable third party. Any unauthorized re-transmission, republication or other copying or modification of content posted on this website, including trade-marks, trade-names and service marks, may violate federal, common or civil law, trade-mark law and copyright law, and may result in legal action.

Permitted Use

Seven Generations hereby grants a personal, non-exclusive and non-transferable license to the visitor to access, read, download and print the content for the sole purpose of viewing the content. Such license is revocable at Seven Generations’ sole option and no other use of the content is authorized. In consideration of this authorization, visitors shall not remove copyright, trademark and other proprietary notices from any downloaded or printed copy of the content and must explicitly acknowledge Seven Generations as the provider of the content. Except as specified above, nothing contained herein shall be construed as conferring by implication any license or right under or to any intellectual property, including patents, trademarks or copyrighted materials of Seven Generations or of any third party.

Disclaimer of Warranties

Seven Generations endeavors to provide accurate and current information on this website. However, all such information and software algorithms are provided “as is” and “as available”. The website content may not always be the most current source for information regarding Seven Generations. This website and its contents are used at visitors’ own risk and Seven Generations does not warrant or make any representations or claims as to the validity, correctness, currency, timeliness, or completeness of the information provided on this website.

Exclusion of Liability

Seven Generations shall not be liable for any damages, including without limitation, direct or indirect, special, incidental, moral or consequential damages, loss of profits, opportunities or information or for expenses arising in connection with this website, with any software algorithms available thereon or with any hyperlinked website, or for the use thereof or inability to use the same by interruption, defect, delay in operation or transmission, computer virus or line or system failure, even if Seven Generations is advised of the possibility of such damages, losses or expenses. Software algorithms made available and hyperlinks to other internet resources are used at visitors’ own risk. The content, accuracy, opinions expressed, and other links provided by these software algorithms and resources are not investigated, verified, monitored, or endorsed by Seven Generations.


Visitors to this website agree at all times to indemnify, defend and hold harmless Seven Generations, its agents, suppliers, affiliates and their respective directors, officers, employees and subcontractors against all actions, proceedings, costs, claims, damages, demands, liabilities and expenses whatsoever (including legal and other fees and disbursements) sustained, incurred or paid by Seven Generations directly or indirectly in respect of: (i) any information or other content a visitor provides on or through this website or which is sent to Seven Generations by email or other correspondence; or (ii) a visitor's use or misuse of the content or this website, including without limitation, infringement claims.

Personal Information

Seven Generations may, from time to time, collect, use and disclose personal information. Please see the Privacy Notice that is published on this website for further information on how Seven Generations manages personal information.

Forward-Looking Information Advisory

This website contains certain forward-looking information and statements that involve various risks, uncertainties and other factors. The use of any of the words “anticipate”, “continue”, “estimate”, “expect”, “may”, “will”, “should”, “believe”, “plans”, and similar expressions are intended to identify forward-looking information or statements. In particular, but without limiting the foregoing, this website contains forward-looking information and statements pertaining to the following: the forecasted economics of the Kakwa River Project, the length of time that the Kakwa River Project will be under development; future development plans; expected production; anticipated growth; potential inventory expansion; future profitability; currently planned initiatives; the resource potential of the Montney formation in Alberta and British Columbia; expected or projected geological characteristics of subsurface formations; expected gas-to-liquids ratios and liquids yields; potential for further economic optimization; and expected future transportation and processing capacity.

In addition, any references to reserves and resources are deemed to be forward-looking information, as they involve the implied assessment, based on certain estimates and assumptions, that the reserves and resources described exist in the quantities predicted or estimated. For important additional information regarding estimated reserves and resources, please refer to Seven Generations’ most recent Annual Information Form (the “AIF”), which is available at the “Investors” section of this website and on the SEDAR website at

With respect to forward-looking information contained in this website, assumptions have been made regarding, among other things: future oil, natural gas liquids and natural gas prices; Seven Generations’ ability to obtain qualified staff and equipment in a timely and cost efficient manner; Seven Generations’ ability to market production of oil, NGLs and natural gas successfully to customers; Seven Generations’ future production levels; the applicability of technologies for Seven Generations’ reserves; future capital investments by Seven Generations; future cash flows from production; future sources of funding for Seven Generations’ capital program; Seven Generations’ future debt levels; geological and engineering estimates in respect of Seven Generations’ reserves and resources; the geography of the areas in which Seven Generations is conducting exploration and development activities; and the access, economic and physical limitations to which Seven Generations may be subject from time to time; the impact of competition on Seven Generations; and Seven Generations’ ability to obtain financing on acceptable terms.

Actual results could differ materially from those anticipated in this forward-looking information as a result of the risks and risk factors that are set forth in the AIF, including, but not limited to: volatility in market prices and demand for oil, natural gas liquids and natural gas and hedging activities related thereto; general economic, business and industry conditions; variance of Seven Generations’ actual capital costs, operating costs and economic returns from those anticipated; risks related to the exploration, development, production and transportation of oil and natural gas reserves and resources; negative public perception of oil sands development, oil and natural gas development and transportation, hydraulic fracturing and fossil fuels; actions by governmental authorities, including changes in government regulation, royalties and taxation; the management of Seven Generations’ growth; the availability, cost or shortage of rigs, equipment, raw materials, supplies or qualified personnel; the absence or loss of key employees; uncertainty associated with estimates of oil, natural gas liquids and natural gas reserves and resources and the variance of such estimates from actual future production; dependence upon compressors, gathering lines, pipelines and other facilities, certain of which Seven Generations does not control; shortage or lack of available of pipeline capacity or other transportation facilities; the ability to satisfy obligations under Seven Generations’ firm commitment transportation arrangements; uncertainties related to Seven Generations’ identified drilling locations; the concentration of Seven Generations’ assets in the Kakwa area; unforeseen title defects; Indigenous claims; failure to accurately estimate abandonment and reclamation costs; changes in the interpretation and enforcement of applicable laws and regulations; terrorist attacks or armed conflicts; reassessment by taxing authorities of Seven Generations’ prior transactions and filings; variations in foreign exchange rates and interest rates; third-party credit risk including risk associated with counterparties in risk management activities related to commodity prices and foreign exchange rates; sufficiency of insurance policies; potential for litigation; variation in future calculations of non-IFRS measures; sufficiency of internal controls; impact of expansion into new activities on risk exposure; risks related to the senior unsecured notes and other indebtedness, including: potential inability to comply with the covenants in the credit agreement related to Seven Generations’ credit facilities and/or the covenants in the indentures in respect of the senior secured notes; seasonality of Seven Generations’ activities and the Canadian oil and gas industry; and extensive competition in Seven Generations’ industry.

Any financial outlook and future-oriented financial information contained in this website regarding prospective financial performance, financial position or cash flows is based on assumptions about future events, including economic conditions and proposed courses of action, based on management’s assessment of the relevant information that is currently available. Projected operational information contains forward-looking information and is based on a number of material assumptions and factors, as are set out above. These projections may also be considered to contain future oriented financial information or a financial outlook. The actual results of Seven Generations’ operations for any period will likely vary from the amounts set forth in these projections, and such variations may be material. Actual results will vary from projected results. Readers are cautioned that any such financial outlook and future-oriented financial information contained herein should not be used for purposes other than those for which it is disclosed herein.

The forward-looking information and statements contained in this website speak only as of the date hereof, and Seven Generations does not assume any obligation to publicly update or revise them to reflect new events or circumstances, except as may be required pursuant to applicable laws.

Reserves, Resources and Certain Industry Metrics

For important additional information regarding estimated reserves and resources, please refer to Seven Generations’ most recent AIF, which is available at the “Investors” section of this website and on the SEDAR website at

Seven Generations has adopted the standard of 6 Mcf: 1 bbl when converting natural gas to boes. Condensate and other NGLs are converted to boes at a ratio of 1 bbl:1 bbl. Boes may be misleading, particularly if used in isolation. A boe conversion ratio of 6 Mcf: 1 bbl is based roughly on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the Company’s sales point. Given the value ratio based on the current price of oil as compared to natural gas and NGLs is significantly different from the energy equivalency of 6 Mcf: 1 bbl and 1 bbl: 1 bbl, respectively, utilizing a conversion ratio at 6 Mcf: 1 bbl for natural gas and 1 bbl: 1 bbl for NGLs, may be misleading as an indication of value.

The GHG, CO2 and emissions estimates for 7G that are provided herein were calculated by the company. 7G quantified and reported its GHG emissions using what is referred to as the “operational control” approach. 7G’s deemed organizational boundary included its corporate offices and natural gas extraction and processing facilities (including well pads). 7G elected to report its Scope 1 and 2 GHG emissions and not to report its Scope 3 GHG emissions. For the purposes of 7G’s GHG emissions reporting: (i) Scope 1 emissions were defined as direct emissions from GHG sources that 7G owned or controlled (including, but not limited to, emissions from stationary equipment, mobile combustion, and process emissions and  fugitive emissions); (ii) Scope 2 emissions were defined as indirect GHG emissions that resulted from 7G’s consumption of energy in the form of purchased electricity; and (iii) Scope 3 emissions were defined as 7G’s indirect emissions other than those covered in Scope 2, including from all sources not owned or controlled by 7G, but which occurred as a result of 7G’s activities.  Notably, 7G’s drilling and completion activities in the relevant periods were conducted by third parties and, consequently, those activities were deemed to be Scope 3.

7G retained Brightspot Climate Inc. to support the quantification of its 2018 GHG emissions. Emissions for all facilities were quantified in accordance with the methodologies specified in Alberta’s Carbon Competitiveness Incentive Regulation (“CCIR”) and Specified Gas Reporting Regulation (“SGRR”), and Environment and Climate Change Canada’s Greenhouse Gas Emissions Reporting Program, as applicable. Measured quantities, such as fuel volume, fuel carbon content, flare volumes, venting volumes, fugitive volumes, and electricity consumption were used, where metered data was available.  Emission factors from published government sources were applied to the calculations. Third party verification was conducted by Millennium EMS Solutions. This verification was completed in accordance with the ISO 14064:3 standard and the requirements of CCIR.


Seven Generations and this website (excluding linked third party websites or content) are based in Alberta, Canada. The use of this website is governed by the laws of the Province of Alberta and the federal laws of Canada. Any dispute arising out of the use of this website or these Terms of Use shall be governed by the laws of the Province of Alberta and the federal laws of Canada applicable therein, and shall be treated in all respects as an Alberta contract without reference to the principles of conflicts of law.

In the event of a dispute, visitors to the website agree to submit to the exclusive jurisdiction of the courts of Alberta and the federal courts of Canada. If any part of these Terms of Use is held to be invalid or unenforceable, the balance of the Terms of Use shall continue to have full force and effect.

Privacy Notice

Seven Generations Energy Ltd. (“Seven Generations”) values and respects your privacy. This privacy notice (“Privacy Notice”) sets out the manner in which Seven Generations collects, uses, discloses and otherwise manages personal information. 

Collection and Use of Personal Information

General Inquiries

When you contact us with an inquiry, we collect the contact information you provide, such as your name, title, telephone number and email address.  We use this information to respond to your inquiry.

Employment Opportunities

When you contact us regarding an employment opportunity or related inquiry, you may provide us with certain personal information, such as a resume, cover letter or similar employment related materials. We use this information for the purposes of processing and responding to your application for current and future employment opportunities.

Investor Relations and Community Engagement

When you contact us regarding investment or community engagement related inquiries, we collect the contact information you provide, such as your name, title, telephone number and email address.  We use this information to respond to your inquiry and/or to provide you with requested materials or information.

News Alerts

When you subscribe to receive news alerts by email, we collect the contact information you provide, such as your name, title, telephone number and email address. We use this information to add you to our news alerts email distribution list.

Disclosure and Sharing of Personal Information

General Privacy Statetement

We will not disclose, trade, rent or sell your personal information except as set out herein or as otherwise required or permitted by law.

Service Providers

Your personal information may be transferred or otherwise shared with third parties that perform services on our behalf. Our service providers are provided the information they require to perform their designated function and are not authorized to use or disclose personal information for their own purposes. Your personal information may be maintained and processed by us, our affiliates or other third party service providers in the U.S. or other jurisdictions. In the event personal information is transferred to the U.S. or other foreign jurisdictions, it will be subject to the laws of that jurisdiction and may be disclosed to or accessed by the courts, law enforcement and other government authorities in accordance with those laws.


Seven Generations and its Canadian and U.S. service providers may provide your personal information in response to a search warrant or other legally valid inquiry or order, or to another organization for the purposes of investigating a breach of an agreement or contravention of law or detecting, suppressing or preventing fraud, or as otherwise required or permitted by applicable Canadian, U.S. or other law. Your personal information may also be disclosed where necessary for the establishment, exercise or defence of legal claims and to investigate or prevent actual or suspected loss or harm to persons or property.

Sale of Business

Personal information may be provided to third parties in connection with a merger or sale (including transfers made as part of insolvency or bankruptcy proceedings) involving all or part of Seven Generations or as part of a corporate reorganization or stock sale or other change in corporate control, including for the purpose of determining whether to proceed or continue with such transaction or business relationship.

Safeguards and Retention

We have implemented reasonable administrative, technical and physical measures in an effort to safeguard the personal information in our custody and control against theft, loss and unauthorized access, use, modification and disclosure. We restrict access to your personal information on a need-to-know basis to employees and authorized service providers who require access to fulfil their job requirements.

Access to Personal Information

You have the right to access, update and correct inaccuracies in your personal information in our custody and control, subject to certain exceptions prescribed by law.

You may request access, updating and corrections of inaccuracies in personal information we have in our custody or control by emailing or writing to us at the contact information set out below. We may request certain personal information for the purposes of verifying the identity of the individual seeking access to their personal information records.

Contact Us

If you have any questions or comments about the collection, use or disclosure of your personal information, or this Privacy Notice, or if you wish to request access to your personal information, you may contact Seven Generations’ Privacy Officer by email at or by mail at the address below.

Seven Generations Energy Ltd.
4400, 525 - 8th Avenue S.W.
Eighth Avenue Place East
Calgary, Alberta T2P 1G1
Attention: Privacy Officer
(Please mark the envelope CONFIDENTIAL)

Seven Generations retains the right to amend this notice from time to time.

Effective: November 6, 2015

Definitions and Abbreviations

Abbreviation / Term Definition




physical storage and trading hub for natural gas on the TransCanada Alberta transmission system


Alliance pipeline



bbl or bbls

barrel or barrels

B or bn



billion cubic feet

Boe or BOE

barrels of oil equivalent


British thermal units


Alberta drilling and completion cost allowance


degrees Celsius

CAD or C$ or $

Canadian dollars


capital expenditures




cash flow


condensate/gas ratio




Crude Oil Logistics Committee


Carbon dioxide


carbon dioxide equivalent

COGE Handbook or COGEH

the Canadian Oil and Gas Evaluation Handbook maintained by the Society of Petroleum Engineers (Calgary Chapter), as amended from time to time.


cash return on invested capital







C5 or C5+

pentanes plus




drill and complete


drill, complete and tie-in


depletion, depreciation and amortization

Deep Southwest

the “Deep Southwest” area that is shown in the map in the Annual Information Form


earnings before interest, taxes, depreciation and amortization


environmental, social and governance


exploration & production


foreign exchange rate


general and administrative expense


geology and geophysics


Greenhouse gas


greenhouse gas equivalent




Gas Transmission Northwest LLC


first half of the year


second half of the year


hydrogen sulfide

HH or Hhub or Hub

Henry Hub




International financial reporting standards


initial production for the number of days specified


initial public offering


internal rate of return


Institutional Shareholder Services






liability management rating


liquefied natural gas


liquid to gas ratio


liquified petroleum gas


lost time incidence frequency




thousand of barrels


thousands of barrels of oil equivalent


thousand cubic feet




million barrels of oil equivalent


million British thermal units


million cubic feet






net asset value


normal course issuer bid


National Energy Board


the Nest 1, Nest 2 and Nest 3 areas combined

Nest 1

the “Nest 1” area that is shown in the map in the Annual Information Form

Nest 2

the “Nest 2” area that is shown in the map in the Annual Information Form

Nest 3

the “Nest 3” area that is shown in the map in the Annual Information Form


natural gas liquids


Natural Gas Pipeline Company of America pipeline system


NOVA Gas Transmission Ltd. pipeline system


Nitrous Oxide


net present value


New York Mercantile Exchange


operating expense


gross proved developed producing reserves


Pembina pipeline


profit to investment ratio


Particulate matter


property, plant and equipment


pounds per square inch

Q1 or 1Q

first quarter of the year

Q2 or 2Q

second quarter of the year

Q3 or 3Q

third quarter of the year

Q4 or 4Q

fourth quarter of the year


research and development

Rich Gas

the “Rich Gas” area that is shown in the map in the Annual Information Form


return on capital employed


rest of year


System for Electronic Document Analysis and Retrieval



Super Pad

decentralized processing plants that separate field condensate and natural gas


TransCanada Pipelines


Toronto Stock Exchange


total recordable incident frequency


trailing twelve month


United States

USD or US$

United States dollars


Volatile organic compound


the “Wapiti” area that is shown in the map in the Annual Information Form


Western Canadian Select


Western Canadian Sedimentary Basin


West Texas Intermediate




year to date




gross total proved reserves


gross total proved plus probable reserves


gross best estimate contingent resource

$MM or MM$

millions of dollars



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Contact Us

Corporate Headquarters
Calgary, AB

Operations Headquarters
Grande Prairie, AB

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