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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

Post by retiredengexecon Feb 19, 2021 12:34pm
242 Views
Post# 32610497

My Take Part2

My Take Part2I was going to extol the virtues of the deal until I looked at the reserve reports. VII 10.2 b and Arx 4.8 b. WTF? I know HP doesnt believe them but at a minimum they can keep q flat for twenty years. Even with 50 dollar wti the Npv 10 is 6 b or 18 bucks today. So the question is what in god's name caused CPPIB to hit Graham Norton red button? Something smells here.
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