Perpetual Energy Inc.

– Perpetual Energy Inc. is pleased to release its second quarter 2019 financial and operating results. Highlights include: The Company took advantage of dry early spring conditions to accelerate capital activity plans. Exploration and development spending for the second quarter of 2019 was $5.2 million, of which 75% was directed towards the drilling, completion and tie-in of three heavy oil wells and a re-entry to [...]

  – Perpetual Energy Inc. has filed an application with the Court of Queen's Bench of Alberta seeking a judicial review of the previous NDP government's Minister of Municipal Affairs' Guidelines published December 13, 2018 as they relate to how assessed values of linear property, machinery and equipment are calculated for the purpose of municipal property tax. The Company believes the current assessment process is [...]

  – Perpetual Energy Inc. is pleased to announce that it has successfully completed the previously announced early redemption of all of the $14.6 million aggregate principal amount of 8.75% senior notes maturing July 23, 2019 effective June 11, 2019 . Pursuant to the Senior Note Refinancing, Perpetual issued $15.7 million of 8.75% senior notes due January 23, 2022 to fully redeem the 2019 Senior Notes. After giving effect [...]

  – Perpetual Energy Inc. is pleased to announce that the nominees listed in the management proxy circular dated March 29, 2019 were elected as directors of Perpetual.  The detailed results of the vote for the election of directors held at its annual and special meeting of shareholders earlier today in Calgary, Alberta are set out below.  Election of Directors On a vote by ballot, each of the following six nominees [...]

– Perpetual Energy Inc. is pleased to release its first quarter 2019 financial and operating results. Highlights from the quarter include: Heavy oil production in Eastern Alberta grew 30% relative to the prior year first quarter, driven by positive results from heavy oil focused drilling and waterflood investment during the second half of 2018. Perpetual's market diversification strategy delivered strong natural [...]

  – Perpetual Energy Inc. is pleased to announce the early redemption of all of the $14.6 million aggregate principal amount of 8.75% senior notes maturing July 23, 2019 effective June 11, 2019 . The redemption amount will be either: CDN $1,000 for each $1,000 principal amount of 2019 Senior Notes ; or, at the election of an eligible holder and subject to the limitations described in the notice, $1,075 principal amount of [...]

– Perpetual Energy Inc. is pleased to release its fourth quarter and year-end 2018 financial and operating results and announce the confirmation of the borrowing limit on its bank credit facility at $55 million and the extension of the maturity date to November 30, 2020. A complete copy of Perpetual's audited consolidated financial statements, Management's Discussion and Analysis and Annual Information Form for the [...]

– Perpetual Energy Inc. is pleased to release a summary of the Company's year-end 2018 reserves as reported by the independent engineering firm McDaniel and Associates Consultants Ltd. . To preserve value during the low natural gas price environment in Alberta in 2018, Perpetual limited capital spending on natural gas assets, executing a capital program funded through 2018 adjusted funds flow with investment [...]

- Perpetual Energy Inc. is pleased to release its third quarter 2018 financial and operating results, and provide capital spending guidance for 2019. A complete copy of Perpetual's unaudited condensed interim consolidated financial statements and related Management Discussion and Analysis for the three and nine months ended September 30, 2018 can be obtained through the Company's website at www.perpetualenergyinc.com and [...]

  - Perpetual Energy Inc. announces that it has filed a Statement of Defence and Application for Summary Dismissal with the Alberta Court of Queen's Bench in response to the opportunistic Statement of Claim filed by PricewaterhouseCoopers Inc. LIT , in its capacity as trustee in bankruptcy of Sequoia Resources Corp. , as previously announced by Perpetual on August 6, 2018. All allegations made by PwC have been denied and [...]