Last C$0.34 CAD
Change Today +0.035 / 11.67%
Volume 51.3K
SEQ On Other Exchanges
As of 4:00 PM 11/21/14 All times are local (Market data is delayed by at least 15 minutes).

shoreline energy corp (SEQ) Snapshot

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01/23/14 - C$2.64
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11/19/14 - C$0.24
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shoreline energy corp (SEQ) Details

Shoreline Energy Corp. explores for, develops, produces, and sells crude oil and natural gas in Canada and the United States. It holds a working interest in approximately 175,000 net acres of land and royalty interest in 22,000 gross acres in the Peace River Arch project located in Western Canadian Sedimentary Basin, Northwest Alberta; and a royalty and working interest in approximately 16,000 gross acres of land in the Wattenberg Field situated in the DJ Basin, Colorado. The company is headquartered in Calgary, Canada.

shoreline energy corp (SEQ) Top Compensated Officers

Chief Executive Officer, Director, Member of ...
Total Annual Compensation: C$177.1K
President and Chief Operating Officer
Total Annual Compensation: C$138.3K
Chief Financial Officer
Total Annual Compensation: C$170.5K
Vice President of Engineering
Total Annual Compensation: C$170.5K
Vice President of Land
Total Annual Compensation: C$151.5K
Compensation as of Fiscal Year 2013.

shoreline energy corp (SEQ) Key Developments

Shoreline Energy Corp. Reports Capital Expenditure and Production Results for the Third Quarter Ended September 30, 2014

Shoreline Energy Corp. reported capital expenditure and production results for the third quarter ended September 30, 2014. For the quarter, capital expenditures (excluding acquisitions) were $1,492,000 against $1,031,000 for previous quarter. For the quarter, the company produced Oil & NGL's of 270 bbls/d against 446 bbls/d in previous quarter. The production of Gas was at 4,629 mcf/d against 6,492 mcf/d in previous quarter. Petroleum and natural gas sales were at $44.90 per boe against $44.80 per boe.

Shoreline Energy Corp. Announces Amended and Restated Forbearance Agreements

Shoreline Energy Corp. has entered into amendment agreements extending its previously expired forbearance agreements with certain senior lenders. In connection with execution of the forbearance, Shoreline paid down $3.44 million of the aggregate amount owing to these lenders, resulting in an aggregate balance owing of approximately $5.44 million. The forbearance is effective until Dec. 31, 2014, and is subject to achievement by Shoreline of various milestones and ultimate repayment of the entire indebtedness. The forbearance will provide Shoreline with the ongoing opportunity to complete its strategic alternatives process, co-ordinated by its advisor RBC Capital Markets. The strategic alternatives process will continue to provide interested parties the opportunity to pursue transactions across Shorelines suite of assets.

Shoreline Energy Corp. Approves Board Appointments

Shoreline Energy Corp. announced the results of the annual general and special meeting of the shareholders of the company held on September 30, 2014. At the meeting, the shareholders elected Peter Scott, Brett Walker and Dan Thompson to the Board of Directors of the company, subject to regulatory approval.


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