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

Energy
"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

Seven Generations Energy Ltd. class A common shares > Wow
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Comment by Robertboblawon Dec 19, 2020 7:14pm
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Post# 32148004

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Wow

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:WowRetiredguy it's interesting to learn about these technical/ operational insights. I was aware that analysts felt VIIs wells would decline too rapidly for their liking. And as a result it would cost vii more cash in maintenance capital to keep their prod going strong. The specifics you mention are interesting (and concerning lol) but it sounds like as you said hopefully they've turned the corner and now managed to bring down their capital costs and reduce wasted spending/capacity since 2018 ( when the shares really starting suffering) and can now start to generate some solid free cash flow going forward as you mentioned. Cheers man
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Dealroom for high-potential pre-IPO opportunities