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The drilling operation on Seven Generations Energy Ltd.’s Kakwa River Project is shown in a handout photo.
The drilling operation on Seven Generations Energy Ltd.’s Kakwa River Project is shown in a handout photo.
(Seven Generations)

Big natural gas IPO expected this year

Calgary is buzzing about the chances of an initial public offering for Seven Generations Energy Ltd. in 2014, accelerating a timeline was that was, until recently, much more drawn out.

Investors initially assumed the company would go public in 2015, but Seven Generations’ recent drilling results have everybody drooling. Backed by CPP Investment Board, ARC Financial Corp., KERN Partners, Natural Gas Partners and ZBI Ventures, the liquids-rich natural gas player is proving it has some pretty prolific wells.