Impact: Neutral to slightly positive as 7G has announced a prudent revision to its 2016 capital program which still enables the Company to meet take or pay agreements this year. Additionally, 7G posted strong 4Q 2015 exit rates which exceeded our prior forecast by ~10%.

11 Jan 2016
SEVEN GENERATIONS ENERGY LTD. (VII) DEFERS $200 MILLION OF DISCRETIONARY 2016 CAPITAL INVESTMENT DUE TO LOWER COMMODITY PRICES

Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
SEVEN GENERATIONS ENERGY LTD. (VII) DEFERS $200 MILLION OF DISCRETIONARY 2016 CAPITAL INVESTMENT DUE TO LOWER COMMODITY PRICES
- Published:
11 Jan 2016 -
Author:
Cody R. Kwong -
Pages:
2 -
Impact: Neutral to slightly positive as 7G has announced a prudent revision to its 2016 capital program which still enables the Company to meet take or pay agreements this year. Additionally, 7G posted strong 4Q 2015 exit rates which exceeded our prior forecast by ~10%.