Seven Generations Energy Completes Consent Soliciation and Notes Offering

Following the completion of a consent solicitation of its existing noteholders, Seven Generations Energy Ltd. completed a US$300-million offering of 8.250 per cent senior unsecured notes due 2020. The notes were sold on a private placement basis in Canada and in the US pursuant to an offering memorandum. For the offering, Credit Suisse Securities (USA) LLC and RBC Capital Markets, LLC acted as Joint Global Coordinators and Lead Bookrunners, CIBC World Markets Corp. and TD Securities (USA) LLC acted as Co-Lead Managers, and Peters & Co. Limited acted as Co-Manager (collectively, the Initial Purchasers).

Seven Generations is an independent, privately held Canadian oil and gas company focused on acquisition, development and production of oil, natural gas, and natural gas liquids in the Kakwa area of west central Alberta.

Seven Generations was represented by Stikeman Elliott LLP as to matters of Canadian law with a team including Leland Corbett, Ben Hudy, Amanda Coen and Gianfranco Matrangolo (corporate) and Julie D'Avignon (tax); and by Simpson Thacher & Bartlett LLP as to matters of US law with a team including Joseph Kaufman, Karen Wang and Gustavo Silva Cano (corporate).

The Initial Purchasers were represented by Torys LLP as to matters of Canadian law with a team including Kevin Fougere, Janan Paskaran, Michael Pedlow and Yvan Moquin (corporate) and Craig Maurice (tax); and by Skadden, Arps, Slate, Meagher & Flom LLP as to matters of US law with a team including Christopher Morgan, Michael Acedo, Vittoria Varalli and Patrick Gordon (corporate), and Eric Sensenbrenner and Matthew Donnelly (tax).