Project Description

About Triple Five

Triple 5 is a Calgary-based, privately-held company engaged in the business of acquiring interests in petroleum and natural gas rights, and the exploration, development, production and sale of petroleum and natural gas. Triple 5 produces approximately 5,500 barrels of oil equivalent production per day of which approximately 80% is natural gas and 20% is natural gas liquids. Triple Five is a low cost producer focused on increasing cash flow.

All of Triple 5’s production is from the Sunchild First Nation Reserve in west central Alberta in the Deep Basin fairway. The Company has no standing or abandoned wells on its property and has one of the best Liability Management Ratings in the industry.  Triple Five intends to continue to develop its properties into a prominent high impact liquids rich gas play in Canada.

Amount:  $27.0 Million

Type:  Senior Secured Term Loan

Purpose:  Growth Financing

Head Office:  Calgary, Alberta

Ownership:  Private

Date:  September 2018

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