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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 Feb 20, 2021 11:56am
169 Views
Post# 32618730

RE:RE:RE:RE:RE:My Take Part2

RE:RE:RE:RE:RE:My Take Part2The cost of scaling up management,
  1. Reducing your reserves by 2.7b or rougly 2 billion dollars. 
  2. Significantly reducing your condensate weighting on a boe basis. 
  3. Reducing your cash flow on a per share basis.
  4. Having an inferior overall resource base. 

Dumb dumb dumb management, they destroyed the share holder value, and did not focus on managing the investors of the shareholders.

The CEO failed the company, or this would not be happening. face it.....

IMHO
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