Ember Resources Inc. Ratings Withdrawn At Issuer's Request

On Feb. 1, 2019, S&P Global Ratings withdrew its 'CCC' long-term issuer credit 
rating and 'CCC+' senior unsecured debt issue-level rating on Ember Resources 
Inc. at the company's request. At the time of withdrawal, the outlook on the 
long-term issuer credit rating was negative. Ember is a Calgary, Alta.-based 
exploration and production company operating in the Horseshoe Canyon coalbed 
methane fairway.

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