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Cobra Venture Corp V.CBV

Alternate Symbol(s):  CBVTF

Energy Oil & Gas E&P
Cobra Venture Corporation is a Canada-based energy company. The Company is focused on the acquisition, development and production of strategic petroleum and natural gas interests in Western Canada. It is focused on two projects located in the Southwest of Saskatchewan, Canada, and central California, United States. Its projects include GULL LAKE, Saskatchewan Project and SAN JOAQUIN BASIN, California Project. It owns a 14.665% non-operated working interest in GULL LAKE, Saskatchewan Project, which comprises of nine oil wells, plus gathering and disposal facilities. It is focused on development of oil and gas production in San Joaquin basin.


TSXV:CBV - Post by User

Cobra Venture Corp > CBV Q1 2022 Results. Another Profitable Quarter
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Comment by Roddiggition May 07, 2022 10:50am
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Post# 34664387

RE:CBV Q1 2022 Results. Another Profitable Quarter

RE:CBV Q1 2022 Results. Another Profitable QuarterJust to confirm the most recent MD&A, Cobra showed an $80k additional expense due to "increasing production" which has now been verified by Vital Energy's May 2022 company presentation. Gull Lake production doubled quarter over quarter, so CBV's cashflow should double as well. Still 2 locations to drill - https://www.vitalenergyoil.com/presentations/Vital%20Assets%202022%20Presentation%20.pdf
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