Perpetual Energy Inc.

- Perpetual Energy Inc. is pleased to announce that the nominees listed in the management proxy circular dated March 31, 2021 were elected as directors of Perpetual. The detailed results of the vote for the election of directors held at its annual general meeting of shareholders earlier today in Calgary, Alberta are set out below. Election of Directors Each of the following five nominees proposed by management was [...]

- Perpetual Energy Inc. is pleased to release its first quarter 2021 financial and operating results. Select financial and operational information is outlined below, and should be read in conjunction with Perpetual's unaudited condensed interim consolidated financial statements and related Management's Discussion and Analysis for the three months ended March 31, 2021, which are available through the Company's website at [...]

Perpetual Energy Inc. announced today that the maturity date applicable to the Company's first lien credit facility has been extended to June 16, 2021 and the $20 million borrowing limit maintained. The borrowing limit is scheduled to be redetermined and the revolving credit period extended on or before June 16, 2021. The maturity of the Company's second lien Term Loan has been extended to June 30, 2021. These loan [...]

- Perpetual Energy Inc. announces today the planned retirement of Vice President Finance and Chief Financial Officer Mark Schweitzer. Mr. Schweitzer joined the Company in January 2017 and will remain in his existing capacity until the spring of 2021. "We thank Mark for his exceptional leadership and strategic insights that have positioned Perpetual for future success. Mark's contributions to Perpetual have been [...]

- Perpetual Energy Inc. announced today that the maturity date applicable to the Company's second lien Term Loan has been extended to May 14, 2021. The extension of the second lien Term Loan, and the previously announced extension of the Company's first lien revolving credit facility, provides additional time to finalize negotiations with its lenders and for the Company to explore opportunities to enhance its liquidity [...]

- Perpetual Energy Inc. announced today that the maturity date applicable to the Company's credit facility has been extended to April 30, 2021 and the $20 million borrowing limit maintained. The borrowing limit is scheduled to be redetermined and the revolving credit period extended on or before April 30, 2021. The extension of the revolving credit period provides additional time to finalize negotiations with its lenders [...]

- Perpetual Energy Inc. is pleased to release its fourth quarter and year-end 2020 financial and operating results and a summary of the Company's year-end 2020 reserves as reported by the independent engineering firm McDaniel and Associates Consultants Ltd. . A complete copy of Perpetual's audited consolidated financial statements, Management's Discussion and Analysis and Annual Information Form for the year ended [...]

- Perpetual Energy Inc. today received the Alberta Court of Appeal's judgment with respect to the appeals heard by the Court of Appeal on December 10, 2020 relating to the sale by Perpetual of legacy shallow gas properties in October 2016 to an arm's length third party purchaser after an extensive and lengthy marketing, due diligence and negotiation process . The Court of Appeal Judgment dismissed the appeal filed by [...]

- Perpetual Energy Inc. announced today that it has completed its previously announced arrangement involving the exchange of its 8.75% senior unsecured notes due January 23, 2022 for new 8.75% secured third-lien notes due January 23, 2025 pursuant to a Court-approved plan of arrangement . The New Notes have been issued under a new trust indenture that contains substantially the same terms as the Old Notes other than the [...]

Perpetual Energy Inc. is pleased to announce that the Alberta Court of Queen's Bench has summarily dismissed the balance of the Statement of Claim filed by PricewaterhouseCoopers Inc. LIT, in its capacity as trustee in bankruptcy of Sequoia Resources Corp. against Perpetual, Perpetual Operating Trust, Perpetual Operating Corp. and Susan Riddell Rose, the Company's President and Chief Executive Officer . These claims [...]