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

Energy

"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,

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Seven Generations Energy Ltd. class A common shares > Condy at 14.95 US They Should ReconsiderGuidance and Budget

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Comment by retiredengexecon Mar 30, 2020 1:21pm

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

It may be tempting to buy shares but as prices keep dropping we will probably see massive shut in of WCS and maybe SCO. If the 20% estimate of demand destruction are correct, Canada will need to shut in 800,000 bblspd assuming we dont lose market share in the US. Condy demand will suffer. Preserving cash is most important. On a positive note the Sauds will have to curtail production when storage fills. This getting existential for the industry.

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