September 23, 2014 5:24 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Seven Generations Energy Ltd.

Company Overview

Seven Generations Energy Ltd. explores and develops oil and gas resources. The company focuses on developing non-conventional resource plays in Canada and the United States. Seven Generations Energy Ltd. was founded in 2008 and is based in Calgary, Canada.

140-8th Avenue SW

Suite 300

Calgary, AB T2P 1B3T2P 1B3


Founded in 2008





Key Executives for Seven Generations Energy Ltd.

Chief Executive Officer
President and Chief Operating Officer
Age: 53
Chief Financial Officer
Executive Vice President
Senior Vice President
Compensation as of Fiscal Year 2014.

Seven Generations Energy Ltd. Key Developments

Seven Generations Energy Ltd. Announces Management Appointments

Seven Generations Energy Ltd. announced that Mr. Randy Evanchuk, Executive Vice President, has agreed to lead the company's health, safety and environment activities and Mr. Randy Hnatuik has joined the company as Vice President Business Development. Mr. Evanchuk is now responsible for the company's pursuit of excellence in health, safety and environmental performance. Previously, he was responsible for leading production, facility construction and marketing. Mr. Hnatuik brings nearly 30 years of industry experience to his new role at the company. Most recently, Mr. Hnatuik worked for 11 years in various leadership roles for a pioneering unconventional resource developer, including leadership roles in a business unit focused on Montney development.

Seven Generations Reportedly Planning IPO Worth Up To $1 Billion

Seven Generations Energy Ltd., is said to be planning an initial public offering in the next eight weeks that could be worth up to $1 billion, according to sources familiar with the situation. Seven Generations, has retained Peters & Co. Ltd. and RBC Dominion Securities to lead the offering, according to the sources.

Citadel Drilling Ltd. and Seven Generations Energy Ltd. Announces Citadel's Rig 1 Commences Drilling on 7G's Kakwa River Project Targeting the Montney Formation

Citadel Drilling Ltd. and Seven Generations Energy Ltd.(7G) are pleased to announce that Citadel's Rig 1 has commenced drilling on 7G's Kakwa River Project targeting the Montney formation. This development is an important step forward for both companies, providing Citadel with the opportunity to further advance its technology and allowing 7G to more effectively develop its tight liquids rich gas resource. Rig 1 is Citadel's first of a fleet of modern Technically Advanced AC Triple (TA(2)CT) land-based drilling rigs. Designed specifically for drilling deep, land-based pad wells, ideally equipped for 7G's Triassic Montney resource play, the TA(2)CT rigs have been designed to optimize drilling programs and reduce expensive downtime and labor costs for clients. In addition, the rig addresses the ongoing needs of oil and gas producers that require safe, programmable, efficient rigs with high pressure drilling capabilities and increased horsepower pumping capacity. To operate this advanced drilling rig, Citadel has recruited a crew of rig technicians that in aggregate hold approximately 135 years of prior alternating current (AC) deep drilling experience. 7G's Kakwa River Project is presently dominated by development of the tight, liquids rich Montney resource situated at a depth of 2,800 to over 4,000 metres below the surface. 7G is presently developing the Montney from multi-well surface pads, with wells having up to 3,000 metres of completed horizontal lateral length, and strives to identify and advance technologies to cost effectively enable even greater lateral reach. The addition of Citadel's Rig 1 brings 7G's contracted fleet to 9 rigs in total.

Similar Private Companies By Industry

Company Name Region
Poplar Point Energy, Inc. Americas
Elmdale Resources Ltd. Americas
Formula Powell L.P. Americas
Exxonmobil Canada Energy Ltd. Americas
Altex Energy Ltd. Americas

Recent Private Companies Transactions

Private Placement
December 18, 2013

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
NYC2012, Inc. United States
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Seven Generations Energy Ltd., please visit --. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at