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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 brodievon Mar 29, 2020 5:30pm
161 Views
Post# 30858146

RE:RE:RE: Condy at 14.95 US They Should ReconsiderGuidance and Budget

RE:RE:RE: Condy at 14.95 US They Should ReconsiderGuidance and BudgetThanks for the response and info. Will be a crazy year in the CND oil patch. I agree with reducing the cap ex more and frankly put if any cash into a share buy back vs spending. They can ramp up production fast when prices do recover to whatever level that may be when ever it may be. No point in high grading the locations you drill and produce them into low price enviroments. One benifit is the half cycle cost structure of only drilling on existing pad. Would also like more info on the lower Montey IP120 +. This could help reserve life and a few things being able to do triple stack lower/mid/upper. I've been chipping away and starting a postion again. More swing trading but long in general of 7G. 
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