Market Impact: Should be positive overall given ~$400 mm in additional western Canada asset sales announced, 110 mbbl/d of new Lloyd thermal projects identified, reduced cost expectations, and pending news on Flemish Pass exploration in the coming weeks. On the downside, there was no news on the Liwan gas contract, and Husky does not appear to expect to sell its high cost Alberta gas assets anytime soon.
01 Jun 2016
SEVEN GENERATIONS ENERGY LTD.'S (VII) LENDERS EXTEND $850 MILLION CREDIT FACILITY
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SEVEN GENERATIONS ENERGY LTD.'S (VII) LENDERS EXTEND $850 MILLION CREDIT FACILITY
- Published:
01 Jun 2016 -
Author:
Cody R. Kwong -
Pages:
2
Market Impact: Should be positive overall given ~$400 mm in additional western Canada asset sales announced, 110 mbbl/d of new Lloyd thermal projects identified, reduced cost expectations, and pending news on Flemish Pass exploration in the coming weeks. On the downside, there was no news on the Liwan gas contract, and Husky does not appear to expect to sell its high cost Alberta gas assets anytime soon.