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Simpson Thacher represented Seven Generations Energy Ltd. (“7G”) as U.S. counsel in connection with its Rule 144A/Regulation S offering of 30,705,000 subscription receipts at C$24.35 per subscription receipt. Each subscription receipt will be exchanged for one common share of 7G upon the closing of 7G’s acquisition of Montney assets from Paramount Resources Ltd. (the “Acquisition”). The subscription receipts and the underlying common shares are listed on the Toronto Stock Exchange (the “TSX”) under the ticker symbol “VII.R.” 7G intends to use the net proceeds from the offering to fund the cash portion of the Acquisition, to provide funding for 7G’s ongoing capital investment program and for general corporate purposes.

7G is a low-supply-cost, high-growth Canadian natural gas developer generating long-life value from its liquids-rich Kakwa River Project, located about 100 kilometres south of its operations headquarters in Grande Prairie, Alberta. 7G's corporate headquarters are in Calgary and its shares trade on the TSX under the symbol “VII.”

The Simpson Thacher team included Joseph Kaufman and Lisa Zhang (Capital Markets); and Jonathan Cantor and Taylor Alexander (Tax).