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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

Post by MyHoneyPoton Nov 11, 2018 6:10pm
37 Views
Post# 28957446

Condensate (45-70)

Condensate (45-70)
Synthetic crude is generally 32.5 API, where condensate is in the range of 45 API to  70 API. So even though synthetic can be used. It is much lower API and i am guessing they would need to use more of it. 

Synthetic usually trades at a premium as well because it can more easily be refined.


IMHO
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