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

January 2021 Corporate Presentation on 7genergy.com website

[325home]

Hi Guys,

The 7 Gen website has an overview presentation for 2021 with projections, etc.posted on thier website under Investors tab.

While I am not a newbee to investing or the oil patch, I am in no way knowledgeable enough to interpret the subtleties or details of their numbers. I do know that in business it is what you don't know that bites you in butt. 


There are topshelf guys on this board with loads of knowledge and as always I would appreciate your thoughts and comments. I'm thinking of Retiredenexec, Regardless, Robertboblaw, Topdown and others. You guys are the reason I read this board. Thanks in advance. All ears. Regards.

[retiredengexec]

325. VII Updates its corporate presentation monthly so there isn't much new in this one. 2021 budget of 650 million is very conservative to keep production flat. If prices improve I can see them increasing drilling budget in h2. They should see considerable free cash flow. The hedges are under water by a bit now. 50 percent has at 2 55 is about 20 cents under water and 30 percent oil at 45 is

[325home]

Thanks Retired, that's kind of what I was thinking but always good to get a second (qualified) opinion. I find it hard to decipher what is relevant vs what is "bravado" in such presentations. It seems to me that VII is doing the right things and that the biggest determinating factor is oil price which is in turn determined by the underlying economic factors that impact the economy

[topdown99]

Hi 325home and thanks for the kind words but believe me when I say , the smartest person here is retiredengexec . I yield to his knowledge and experience every time . He is a fantastic resource and a wealth of first-hand knowledge .