CPP buying moar Seven Generations Energy (VII)

CPP buying moar Seven Generations Energy (T:VII)

Canada Pension Plan Investment Board, a 10% Holder, acquired 553,302 Common Shares Class A on a direct ownership basis at prices ranging from $18.070 to $18.100 between December 1st, 2017 and December 4th, 2017. This represents a $10,002,751 investment into the company's shares and an account share holdings change of 1.8%.

Seven Generations Energy is in the Oil & Gas Exploration and Production Sub Industry Group under the Energy Sector.

Seven Generations Energy Ltd. is a Canada-based natural gas developer. The Company focuses on exploration, development and production of oil and natural gas properties in western Canada. The Company focuses on the acquisition, development and value optimization of tight and shale hydrocarbon resource plays. The Company focuses on Montney Kakwa River Project, which is located approximately 100 kilometers south of its operations in Grande Prairie, Alberta. The Kakwa River Project covers an area of approximately 544,000 net acres in the Kakwa area of northwest Alberta. The Company's natural gas production is processed at its Lator 1 Plant, Lator 2 Plant and Cutbank Plant, as well as at the Kakwa River Gas Plant. The Company's processing capacity at its Lator 1 Plant and Lator 2 Plant combined is approximately 260 million cubic feet per day (MMcf/d). The Company has an inventory of over 80 wells at various stages of construction and approximately 230 Montney horizontal wells.