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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 retiredengexecon Dec 12, 2020 8:58pm
117 Views
Post# 32094500

RE:Cold snap pain

RE:Cold snap painAmen to that bro. 6 dollar gas not likely in our lifetime. Each Marcellus rig drills 12 to 15 wells per year each making between 15 and 20 mmcfpd. The Marcellus is profitable at 2.75 and they can add gas so fast it will make your head spin. The Marcellus went from zero to almost 25 bcfpd in three years. They took over most of the Ontario market which affects AECO. Higher oil prices are possible but not 75 for too long as the Texans and Arabs will go nuts. Not to mention the Russisns.
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