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Seven Generations Energy Ltd. class A common shares T.VII

"Seven Generations Energy Ltd is an independent energy company focused on the acquisition, development, and optimization of high-quality, tight rock, natural gas resource plays. The company employs long-reach and horizontal drilling to produce resources of natural gas, condensate, and natural gas liquids. In addition to drilling operations, Seven Generations owns several gathering lines and processing facilities. The company depends on a skilled technical and business team to identify, capture,


TSX:VII - Post by User

Comment by Duxingon Sep 29, 2018 4:08pm
87 Views
Post# 28715300

RE:RE:RE:RE:Vii Generations Asset Rich, Who's Next

RE:RE:RE:RE:Vii Generations Asset Rich, Who's NextDon’t have doubt about. VII will generate 500m fund flow while capital expenditure is around 265-315m. For the first half of 2018, VII spent 1145m of its total capital bugget between 1675m and 1775m because of the gas plant. For the second half it will only spend 530-630m for ongoing capital expenditure. At the meantime, it will generate 1000m fund flow or more if oil maintains above 70 dollars which is very likely.
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