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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 MyHoneyPoton Dec 27, 2020 7:42pm
123 Views
Post# 32186065

RE:Jim Ridell

RE:Jim RidellWell Karr has been producing a number of years now, and their producing 49% condensate there, and Wapiti is 56% condensate, VII generations average is 34 %.

The fourth quater will have POU producing 35% condensate overall corporately, and it has a lot of running room atVII generations the sweet spot for the liquids rich condensate production, however they did not sell it all to them. They keep the best for themselves. KARR.

VII Gen condensate production has been declining quaterly, and the market is concerned they are going to pursue gas rather than condensate.

NGL Liquids, are not very good from a price perspective, so lets see what happens next quater, my guess is that POU will be producing more Condensate per boe of produciton then VII generations, and the north duvernay, look at murphy and athabasca results. 1300 boe/d 100 percent liquids (oil) IP30  900 boe/d(100% oil) IP90. The durvernay is coming to life my friend. 

IMHO
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