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March 29, 2015 12:48 AM ET

Oil, Gas and Consumable Fuels

Company Overview of Seven Generations Energy Ltd.

Company Overview

Seven Generations Energy Ltd., an independent petroleum company, focuses on the acquisition, exploration, development, and production of oil and natural gas in western Canada. The company holds interests in the Kakwa River project, a natural gas property covering 425,000 net acres located in the Kakwa area of northwest Alberta. As of December 31, 2014, it had gross proved plus probable reserves of 788.6 million barrels of oil equivalent. The company was incorporated in 2001 and is headquartered in Calgary, Canada.

140 - 8th Avenue SW

Suite 300

Calgary, AB T2P 1B3


Founded in 2001

74 Employees

Key Executives for Seven Generations Energy Ltd.

Chief Executive Officer and Director
Total Annual Compensation: $306.3K
Chief Financial Officer
Total Annual Compensation: $268.5K
Senior Vice President
Total Annual Compensation: $235.0K
Vice President of Corporate Planning
Total Annual Compensation: $216.3K
Vice President of Development
Total Annual Compensation: $185.5K
Compensation as of Fiscal Year 2013.

Seven Generations Energy Ltd. Key Developments

PricewaterhouseCoopers LLP Replaces Deloitte LLP as Auditor of Seven Generations Energy Ltd

7G (Seven Generations Energy Ltd.) announced the resignation of Deloitte LLP as auditor of the company and the appointment of PricewaterhouseCoopers LLP as the company's new auditor, effective March 11, 2015.

Seven Generations Energy Ltd. Announces Executive Changes

Seven Generations Energy Ltd. announced that Mr. Harry Cupric will be resigning as Chief Financial Officer, effective March 31, 2015. Effective upon Harry's departure, Mr. Chris Law, currently Vice President of Corporate Planning, will be promoted to Chief Financial Officer. Chris has been with the Company since 2008 and has managed all of the bank and high yield debt and equity financings that the Company has done since 2011, including the IPO, raising a total of nearly $3 billion. In his new role, 7G's finance, accounting, information technology and investor relations functions will report to Chris. Mr. Kevin Johnston, Vice President of Accounting, will report to Chris. Kevin recently left his role as Manager, Consolidated Reporting at a competitor to join 7G. Kevin will have general leadership responsibilities for the accounting and financial controls functions within the company.

Seven Generations Energy Ltd. Replaces Deloitte LLP with PricewaterhouseCoopers LLP as Auditor

Seven Generations Energy Ltd. announced the resignation of Deloitte LLP, Chartered Accountants as auditor of the company and the appointment of PricewaterhouseCoopers LLP as the company's new auditor, effective March 11, 2015.

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