Vital Energy Inc (Canada) V.VUX

Alternate Symbol(s): SNYXF

Energy Oil & Gas E&P

Vital Energy Inc. is an oil and gas exploration and development company, which is engaged in the acquisition of, exploration for and development of crude oil and natural gas in Western Canada. Its core property areas include the SE Saskatchewan property area, West Central Alberta property area, the original SW Saskatchewan property and East Central Alberta property areas. The SE Saskatchewan property area includes the two production properties - Lampman and Steelman, and four undeveloped and non-producing properties - Gainsborough, Dalesboro, Weyburn and Hume. The SW Saskatchewan property area includes two producing properties - Gull Lake and Pennant. The East Central Alberta property area includes two producing properties - Sullivan Lake and Baxter Lake. The West Central Alberta property area includes three undeveloped and non-producing properties - Pembina-1, Pembina-2 and Ante Creek. The Gull Lake property is covered with 3D seismic data and has over nine wells producing crude oil.

TSXV:VUX - Post by User

Vital Energy Inc (Canada)

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Post by KM24207on Jan 08, 2019 12:10pm

176 Views

Post# 29200739

Wow - This NR doubles production - FMV ~$0.15-$0.20 MINIMUM

I've been watching this company closely because I saw the trucks hauling oil out of the Sullivan Lake well as it is only 20 minutes from my home. 228 bopd on a non-fracked Hz is very impressive and I didn't even know about the Gull Lake well (117 bopd). Assuming the IP30 will only be half of current production plus the existing production, valued at only $35k/bopd gives me a valuation of ~$13MCAD which works out to $0.17/share! I'm shocked how undervalued this company is

Am I missing something?!?!

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