Alpine Summit Energy Partners Announces New Securitized Financing
Tennessee and Vancouver, British Columbia--(Newsfile Corp. - May 2, 2022) - Alpine Summit Energy Partners, Inc. (TSXV: ALPS.U) (OTCQX: ASEPF) ("Alpine Summit" or the "Company") is pleased to announce the successful closing of an asset backed securitization of certain producing oil and gas wells (the "Facility"). The Facility is being led by an insurance company and has an initial size of US$80 million with additional capacity to expand up to US$150 million in total. The Facility is secured by...
2022-05-02 7:30 AM EDT
Alpine Summit Energy Partners Announces Repayment of Third Development Partnership and Closing of Fifth Development Partnership
Tennessee and Vancouver, British Columbia--(Newsfile Corp. - April 27, 2022) - Alpine Summit Energy Partners, Inc. (TSXV: ALPS.U) (OTCQX: ASEPF) ("Alpine Summit" or the "Company") is pleased to announce the successful repayment and reversion of the third development partnership ("DP3") that it formed during the fourth quarter of 2021, along with the concurrent closing of its fifth development partnership ("DP5"). DP3 funded the drilling and completion of a total of five wells: three wells in...
2022-04-27 8:00 AM EDT
Alpine Summit Energy Partners Announces Fourth Quarter and Full Year 2021 Financial and Operating Results
Tennessee and Vancouver, British Columbia--(Newsfile Corp. - April 25, 2022) - Alpine Summit Energy Partners, Inc. (TSXV: ALPS.U) (OTCQX: ASEPF) ("Alpine Summit" or the "Company") is pleased to announce its financial and operating results for the three and twelve months ended December 31, 2021. Alpine Summit's audited consolidated financial statements and notes, as well as management's discussion and analysis (the "MD&A") for the three months and year ended December 31, 2021 will be available...
2022-04-25 7:15 PM EDT
Alpine Summit Energy Partners Announces April 2022 Dividend
Tennessee and Vancouver, British Columbia--(Newsfile Corp. - April 1, 2022) - Alpine Summit Energy Partners, Inc. (TSXV: ALPS.U) (OTCQX: ASEPF) ("Alpine Summit" or the "Company") is pleased to announce that, in accordance with its current monthly dividend policy, the Board of Directors of the Company has declared a dividend of US$0.03 per subordinate voting share for the month of April 2022. Simultaneously with declaring the dividend on the subordinate voting shares, the directors also...
2022-04-01 8:00 AM EDT
Alpine Summit Energy Partners Announces New Expanded Credit Facility
Tennessee and Vancouver, British Columbia--(Newsfile Corp. - March 14, 2022) - Alpine Summit Energy Partners, Inc. (TSXV: ALPS.U) (OTCQX: ASEPF) ("Alpine Summit" or the "Company") is pleased to announce the successful closing of a new corporate credit facility (the "Facility") by its operating subsidiary, HB2 Origination, LLC. The Facility is led by Bank7 Corp. ("Bank7") and replaces the existing facility, which was announced on October 28, 2021. The Facility has a total size of USD$30...
2022-03-14 9:00 AM EDT
Alpine Summit Energy Partners Closes New Development Partnership and Provides Corporate Update
Tennessee and Vancouver, British Columbia--(Newsfile Corp. - March 10, 2022) - Alpine Summit Energy Partners, Inc. (TSXV: ALPS.U) (OTCQX: ASEPF) ("Alpine Summit" or the "Company") is pleased to announce the closing of a new development partnership, Alpine Red Dawn 1 ("RD1"), which will fund the addition of a third rig to supplement the Company's existing two rig program. RD1 has a capital plan of approximately US$50.4 million, with approximately US$30.3 million of external development...
2022-03-10 8:00 AM EST
Alpine Summit Energy Partners Announces March 2022 Dividend
Tennessee and Vancouver, British Columbia--(Newsfile Corp. - March 1, 2022) - Alpine Summit Energy Partners, Inc. (TSXV: ALPS.U) (OTCQX: ASEPF) ("Alpine Summit" or the "Company") is pleased to announce that, in accordance with its current monthly dividend policy, the Board of Directors of the Company has declared a dividend of US$0.03 per subordinate voting share for the month of March 2022. Simultaneously with declaring the dividend on the subordinate voting shares, the directors also...
2022-03-01 8:00 AM EST
Alpine Summit Energy Partners Announces February 2022 Dividend
Tennessee and Vancouver, British Columbia--(Newsfile Corp. - February 1, 2022) - Alpine Summit Energy Partners, Inc. (TSXV: ALPS.U) (OTCQX: ASEPF) ("Alpine Summit" or the "Company") is pleased to announce that, in accordance with its current monthly dividend policy, the Board of Directors of the Company has declared a dividend of US$0.03 per subordinate voting share for the month of February 2022. Simultaneously with declaring the dividend on the subordinate voting shares, the directors also...
2022-02-01 8:00 AM EST
Alpine Summit Energy Partners Announces Entry into the Permian
Tennessee and Vancouver, British Columbia--(Newsfile Corp. - January 20, 2022) - Alpine Summit Energy Partners, Inc. (TSXV: ALPS.U) (OTCQB: ASEPF) ("Alpine Summit" or the "Company") is pleased to announce its operational expansion into the Permian, in Central Reeves County in the Delaware Basin. Starting in late March of this year, Alpine Summit plans to begin drilling three wells through a land partnership with Tegridy Oil & Gas, LLC. Alpine Summit ultimately intends to maintain ongoing...
2022-01-20 8:00 AM EST
Alpine Summit Energy Partners Announces Repayment of Second Development Partnership and Closing of Fourth Development Partnership
Tennessee and Vancouver, British Columbia--(Newsfile Corp. - January 10, 2022) - Alpine Summit Energy Partners, Inc. (TSXV: ALPS.U) (OTCQB: ASEPF) ("Alpine Summit" or the "Company") is pleased to announce the successful repayment and reversion of the second development partnership ("DP2") that it formed during the third quarter of 2021, along with the concurrent closing of its fourth development partnership ("DP4"). DP2 funded the drilling and completion of five wells in the Giddings Field...
2022-01-10 8:00 AM EST
Alpine Summit Energy Partners Announces That It Has Commenced Trading on the OTCQB
Tennessee and Vancouver, British Columbia--(Newsfile Corp. - January 4, 2022) - Alpine Summit Energy Partners, Inc. (TSXV: ALPS.U) (OTCQB: ASEPF) ("Alpine Summit" or the "Company") announces that, effective December 31, 2021, the Company's subordinate voting shares ("Shares") have commenced trading on the OTCQB Market ("OTCQB") under the symbol "ASEPF". Investors can find real-time quotes and market information for the Company on www.otcmarkets.com. Alpine Summit's Chief Executive Officer,...
2022-01-04 8:00 AM EST
Alpine Summit Energy Partners Announces Change of Auditor
Tennessee and Vancouver, British Columbia--(Newsfile Corp. - December 23, 2021) - Alpine Summit Energy Partners, Inc. (TSXV: ALPS.U) ("Alpine Summit" or the "Company") announces that effective December 22, 2021, RSM Alberta LLP ("RSM") has resigned as auditor and the Company has appointed Weaver and Tidwell, LLP ("Weaver") as the Company's independent registered public accounting firm for the year ending December 31, 2021 effective immediately, subject to completion of Weaver's customary...
2021-12-23 9:00 AM EST
Alpine Summit Energy Partners Announces January 2022 Dividend and Grant of Awards
Tennessee and Vancouver, British Columbia--(Newsfile Corp. - December 14, 2021) - Alpine Summit Energy Partners, Inc. (TSXV: ALPS.U) ("Alpine Summit" or the "Company") is pleased to announce that, in accordance with its current monthly dividend policy, the Board of Directors of the Company has declared a dividend of $0.03 per subordinate voting share for the month of January 2022. Simultaneously with declaring the dividend on the subordinate voting shares, the directors also declared a...
2021-12-14 4:30 PM EST
Alpine Summit Energy Partners Announces Hiring of Alec Sheaff, Director, Carbon Markets and Offsets
Tennessee and Vancouver, British Columbia--(Newsfile Corp. - December 2, 2021) - Alpine Summit Energy Partners, Inc. (TSXV: ALPS.U) ("Alpine Summit" or the "Company") is pleased to announce the hiring of Alec Sheaff as Director, Carbon Markets and Offsets for its previously announced Alpine CapH4, LLC ("Alpine CapH4") platform. Alpine CapH4 is a wholly-owned subsidiary of HB2 Origination, LLC, the operating subsidiary of Alpine Summit. Alpine CapH4 was launched to develop a sustainable...
2021-12-02 8:00 AM EST
Alpine Summit Energy Partners Announces Third Quarter 2021 Financial and Operating Results and Initiation of Capital Return Program
Tennessee and Vancouver, British Columbia--(Newsfile Corp. - November 23, 2021) - Alpine Summit Energy Partners, Inc. (TSXV: ALPS.U) ("Alpine Summit" or the "Company") is pleased to announce its financial and operating results for the three and nine months ended September 30, 2021. Alpine Summit's unaudited interim financial statements and notes, as well as Management's Discussion and Analysis ("MD&A") for the three and nine months ended September 30, 2021 will be available at "www.sedar.com"...
2021-11-23 8:00 AM EST
Alpine Summit Energy Partners Announces Closing of Credit Facility
Tennessee and Vancouver, British Columbia--(Newsfile Corp. - October 28, 2021) - Alpine Summit Energy Partners, Inc. (TSXV: ALPS.U) ("Alpine Summit" or the "Company") is pleased to announce the successful closing of a new corporate credit facility (the "Facility") of its operating subsidiary, HB2 Origination, LLC. The Facility is undrawn at close and has a total size of up to USD$12.5MM with a one year maturity. The Facility is secured by working interests in a subset of the Company's...
2021-10-28 4:30 PM EDT
Alpine Summit Energy Partners Announces 2022 Guidance
Tennessee and Vancouver, British Columbia--(Newsfile Corp. - October 21, 2021) - Alpine Summit Energy Partners, Inc. (TSXV: ALPS.U) ("Alpine Summit" or the "Company") is pleased to announce its 2022 corporate guidance. In light of Alpine's recent drilling results as well as the continued strong commodity price environment, the Company expects gross production to average 13,500 BOE/day and EBITDA to be US$110MM for fiscal year end 2022. These figures are included in the corporate presentation...
2021-10-21 9:00 AM EDT
Alpine Summit Energy Partners Announces Repayment of First Development Partnership and Closing of Third Development Partnership
Tennessee and Vancouver, British Columbia--(Newsfile Corp. - October 7, 2021) - Alpine Summit Energy Partners, Inc. (TSXV: ALPS.U) ("Alpine Summit" or the "Company") 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...
2021-10-07 7:00 AM EDT
Alpine Summit Energy Partners Announces Application to List on NASDAQ
Tennessee and Vancouver, British Columbia--(Newsfile Corp. - September 30, 2021) - Alpine Summit Energy Partners, Inc. (TSXV: ALPS.U) ("Alpine Summit" or the "Company") today announced that it has submitted an application to list its subordinate voting shares ("Shares") on the NASDAQ Capital Market ("NASDAQ") and plans to file a Form 40-F Registration Statement with the U.S. Securities and Exchange Commission ("SEC") in advance of the listing on NASDAQ. The listing of the Company's Shares on...
2021-09-30 9:00 AM EDT
Alpine Summit Energy Partners Announces Strategic Partnership with Ageron Energy and Entry into South Texas Market
Tennessee and Vancouver, British Columbia--(Newsfile Corp. - September 23, 2021) - Alpine Summit Energy Partners, Inc. (TSXV: ALPS.U) ("Alpine Summit" or the "Company") is pleased to announce the formation of a new strategic partnership with Ageron Energy, LLC ("Ageron") and the signing of leases on nearly 8,000 net acres in Webb County, Texas. As part of this partnership and transaction, Alpine Summit will gain access to 35 to 40 attractive natural gas drilling locations in South Texas and...
2021-09-23 5:01 PM EDT