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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 TravelGuruon Mar 27, 2015 1:00pm
161 Views
Post# 23569535

RE:RE:from the get go

RE:RE:from the get goThe oil prices don't affect this company as much as you'd think. They make most of their money selling condensate and unless oil goes down to 20$ a barrel, they will still make money. They are taking advantage of lower labor/contractor rates to expand and grow. Yes they are spending money when lots of other players aren't but they aren't just drilling wells, they are more focused on expanding their major facilities. This company has a 50 year plan and as far as I'm concerned they are executing very well. They have great management from the top down that believe in building from a good foundation.
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