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Spartan Delta Corp T.SDE

Alternate Symbol(s):  DALXF

Spartan Delta Corp. is a Canada-based energy company. The Company is engaged in exploration, development and production of crude oil and natural gas properties in western Canada. The Company is focused on acquiring a diversified portfolio of assets. It has a portfolio of production and development opportunities in the Deep Basin of Alberta. It is focused on the execution of the Company's organic drilling program, delivering operational synergies.


TSX:SDE - Post by User

Comment by PabloLafortuneon Dec 13, 2022 8:55pm
161 Views
Post# 35169912

RE:RE:RE:RE:RE:December 7 Presentation

RE:RE:RE:RE:RE:December 7 PresentationI'm pretty sure I got that 173M figure from one of the presentations but yes the fully diluted is 178M and it hasn't changed recently.  My bad. I think the Press Release was made because they are contemplating one (or more) material transaction.  Not sure a buyback qualifies. Not even sure putting Pouce Coupe, Simonette and Flatrock for sale collectively would either (not worth that much).  That leaves us with a) sell the whole company or b) sell a major asset (Gold Creek, Karr or Deep Basin) and/or c) acquire a major asset in either the Montney or the Deep Basin. Regardless, good investment and solid management. 


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