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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 Jan 26, 2021 1:53pm
108 Views
Post# 32388973

RE:RE:Steelhead and Vii ESG

RE:RE:Steelhead and Vii ESGOld guy. You are right about the market. Good old pipelines like Nord 2 compete against LNG. So there goes Europe. Canadian construction costs are about three to four times fort mac or coastal bc. A welder in new Orleans makes 30 bucks an hour whereas in canada its north of 125 And regulatory approvals take less than 18 months. Yes it would be nice to export our gas but the US is better piped. VII is taking advantage of the gulf gas exports via their Alliance capacity. More likely route for Canadian gas is to the states as they fill more LNG. On a molecular stiochometric basis yes natgas has 50 percent less co2. But when you factor in diesel for drilling and fracking it's about 30 percent. Still good. Even with switchable natgas the big rigs still use about 3300 litres of diesel a day. And a 30000 hp frack spread going for 48 hours probably uses as much. Hope this helps.1 And finally with our government and regulatory process we are lambs to the slaughter. Better we look at grey hydrogen for CN and CP in Ab and BC.
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