SEC Info℠ | Home | Search | My Interests | Help | Sign In | Please Sign In | ||||||||||||||||||||
As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 10/12/21 Alpine Summit Energy Partners Inc 40FR12G 55:14M Newsfile Corp./FA |
Document/Exhibit Description Pages Size 1: 40FR12G Registration Statement by a Canadian Issuer -- HTML 66K form40fr12g 2: EX-99.1 Miscellaneous Exhibit -- exhibit99-1 HTML 15K 11: EX-99.10 Miscellaneous Exhibit -- exhibit99-10 HTML 17K 12: EX-99.11 Miscellaneous Exhibit -- exhibit99-11 HTML 104K 13: EX-99.12 Miscellaneous Exhibit -- exhibit99-12 HTML 15K 14: EX-99.13 Miscellaneous Exhibit -- exhibit99-13 HTML 52K 15: EX-99.14 Miscellaneous Exhibit -- exhibit99-14 HTML 17K 16: EX-99.15 Miscellaneous Exhibit -- exhibit99-15 HTML 17K 17: EX-99.16 Miscellaneous Exhibit -- exhibit99-16 HTML 108K 18: EX-99.17 Miscellaneous Exhibit -- exhibit99-17 HTML 21K 19: EX-99.18 Miscellaneous Exhibit -- exhibit99-18 HTML 18K 20: EX-99.19 Miscellaneous Exhibit -- exhibit99-19 HTML 52K 3: EX-99.2 Miscellaneous Exhibit -- exhibit99-2 HTML 15K 21: EX-99.20 Miscellaneous Exhibit -- exhibit99-20 HTML 17K 22: EX-99.21 Miscellaneous Exhibit -- exhibit99-21 HTML 17K 23: EX-99.22 Miscellaneous Exhibit -- exhibit99-22 HTML 109K 24: EX-99.23 Miscellaneous Exhibit -- exhibit99-23 HTML 30K 25: EX-99.24 Miscellaneous Exhibit -- exhibit99-24 HTML 33K 26: EX-99.25 Miscellaneous Exhibit -- exhibit99-25 HTML 239K 27: EX-99.26 Miscellaneous Exhibit -- exhibit99-26 HTML 22K 28: EX-99.27 Miscellaneous Exhibit -- exhibit99-27 HTML 13K 29: EX-99.28 Miscellaneous Exhibit -- exhibit99-28 HTML 25K 30: EX-99.29 Miscellaneous Exhibit -- exhibit99-29 HTML 17K 4: EX-99.3 Miscellaneous Exhibit -- exhibit99-3 HTML 16K 31: EX-99.30 Miscellaneous Exhibit -- exhibit99-30 HTML 17K 32: EX-99.31 Miscellaneous Exhibit -- exhibit99-31 HTML 53K 33: EX-99.32 Miscellaneous Exhibit -- exhibit99-32 HTML 109K 34: EX-99.33 Miscellaneous Exhibit -- exhibit99-33 HTML 15K 35: EX-99.34 Miscellaneous Exhibit -- exhibit99-34 HTML 18K 36: EX-99.35 Miscellaneous Exhibit -- exhibit99-35 HTML 17K 37: EX-99.36 Miscellaneous Exhibit -- exhibit99-36 HTML 17K 38: EX-99.37 Miscellaneous Exhibit -- exhibit99-37 HTML 54K 39: EX-99.38 Miscellaneous Exhibit -- exhibit99-38 HTML 63K 40: EX-99.39 Miscellaneous Exhibit -- exhibit99-39 HTML 1.71M 5: EX-99.4 Miscellaneous Exhibit -- exhibit99-4 HTML 53K 41: EX-99.40 Miscellaneous Exhibit -- exhibit99-40 HTML 27K 42: EX-99.41 Miscellaneous Exhibit -- exhibit99-41 HTML 327K 43: EX-99.42 Miscellaneous Exhibit -- exhibit99-42 HTML 34K 44: EX-99.43 Miscellaneous Exhibit -- exhibit99-43 HTML 23K 45: EX-99.44 Miscellaneous Exhibit -- exhibit99-44 HTML 22K 46: EX-99.45 Miscellaneous Exhibit -- exhibit99-45 HTML 19K 47: EX-99.46 Miscellaneous Exhibit -- exhibit99-46 HTML 20K 48: EX-99.47 Miscellaneous Exhibit -- exhibit99-47 HTML 19K 49: EX-99.48 Miscellaneous Exhibit -- exhibit99-48 HTML 20K 50: EX-99.49 Miscellaneous Exhibit -- exhibit99-49 HTML 14K 6: EX-99.5 Miscellaneous Exhibit -- exhibit99-5 HTML 17K 51: EX-99.50 Miscellaneous Exhibit -- exhibit99-50 HTML 14K 52: EX-99.51 Miscellaneous Exhibit -- exhibit99-51 HTML 14K 53: EX-99.52 Miscellaneous Exhibit -- exhibit99-52 HTML 14K 54: EX-99.53 Miscellaneous Exhibit -- exhibit99-53 HTML 15K 55: EX-99.54 Miscellaneous Exhibit -- exhibit99-54 HTML 14K 7: EX-99.6 Miscellaneous Exhibit -- exhibit99-6 HTML 17K 8: EX-99.7 Miscellaneous Exhibit -- exhibit99-7 HTML 119K 9: EX-99.8 Miscellaneous Exhibit -- exhibit99-8 HTML 50K 10: EX-99.9 Miscellaneous Exhibit -- exhibit99-9 HTML 17K
Alpine Summit Energy Partners, Inc.: Exhibit 99.48 - Filed by newsfilecorp.com |
ALPINE SUMMIT ENERGY PARTNERS ANNOUNCES
REPAYMENT OF FIRST DEVELOPMENT PARTNERSHIP AND
CLOSING OF THIRD DEVELOPMENT PARTNERSHIP
Nashville, Tennessee and Vancouver, British Columbia - October 7, 2021 (Newsfile Corp.) - Alpine Summit Energy Partners, Inc. ("Alpine Summit" or the "Company") (TSXV: ALPS.U) is pleased to announce the successful repayment and reversion of the first development partnership ("DP1") that it formed during the first quarter of 2021, along with the concurrent closing of its third development partnership ("DP3").
DP1 funded the drilling and completion of five wells in the Giddings Field near Austin, TX and comprised a total capital program of US$21.3 million, with 60% funded by external partners. As part of the completion of the DP1 program, Alpine has retired liabilities of approximately US$15 million.
DP3 has an expanded capital program of approximately US$34.7 million, with approximately US$21 million of external development capital, and is expected to drill two natural gas wells in Webb County and three oil and natural gas wells near the Giddings Field.
Alpine Summit's Chief Executive Officer, Craig Perry, commented: "The DP1 results demonstrate the effectiveness of Alpine Summit's capital velocity strategy. The DP1 partners' capital was deployed directly to the wellhead, with five wells drilled and completed in a six-month timeframe. We look forward to continuing to execute on our business plan and expanding our development activity into South Texas with DP3."
One of the DP1 partners exercised the put right provided to such partners by DP1 regarding residual interests in their associated investment and, subject to the approval of the TSX Venture Exchange, elected to sell the remaining interest in DP1 for 339,372 Class B non-voting units of HB2 Origination, LLC (which are exchangeable on a one-for-one basis for Subordinate Voting Shares of the Company, having a deemed value of US$3.515 per unit, or a total of approximately US$1.2 million).
About Alpine Summit Energy Partners, Inc.
Alpine Summit is a U.S. based company that operates and develops oil and gas assets. For additional information on the Company, please visit www.alpinesummitenergy.com.
Further Information
For further information, please contact:
Chris Nilan, Senior Managing Director
Phone: 615.475.8320
Email: ir@alpsummit.com
Darren Moulds, Chief Financial Officer
Phone: 403.390.9260
Email: dmoulds@alpsummit.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Information and Statements
This news release contains certain "forward-looking information" within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only Alpine Summit's beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of Alpine Summit's control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "believes", or the negative or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved". The forward-looking information and forward-looking statements contained herein may include, but are not limited to, statements regarding the DP3 drilling program and business expansion to South Texas and statements regarding the issuance of units on exercise of the put right.
By identifying such information and statements in this manner, Alpine Summit is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Alpine Summit to be materially different from those expressed or implied by such information and statements. In addition, in connection with the forward-looking information and forward-looking statements contained in this news release, Alpine Summit has made certain assumptions. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information and statements are the following: the potential impact of the consummation of the RTO on relationships, including with regulatory bodies, employees, suppliers, contractors and competitors; changes in general economic, business and political conditions, including changes in the financial markets; changes in applicable laws; and compliance with extensive government regulation, including the policies of the TSX Venture Exchange. Should one or more of these risks, uncertainties or other factors materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although Alpine Summit believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this news release are made as of the date of this news release, and Alpine Summit does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws.
This ‘40FR12G’ Filing | Date | Other Filings | ||
---|---|---|---|---|
Filed on: | 10/12/21 | F-X | ||
10/7/21 | ||||
List all Filings |