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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 Taurkonon Mar 30, 2021 2:15pm
190 Views
Post# 32907120

RE:RE:RE:RE:ARC Investors Relation

RE:RE:RE:RE:ARC Investors Relation

Yes, we were robbed blind.  Mark Monroe negotiated this deal like a first year amateur, belittled and bullied the 7G  leadership team, and in the end it is the 7G stakeholders that took it up the backside.  

I have very little experience with the ARC leaderhip team, but I am familiar with many of their middle management leaders and although they are bright, many don't have a lot of experience outside of ARC.  Take that for what it's worth.

Personally, I own ~ 85K shares of 7G and 20K shares of ARC.  It's a win either way for me, but I firmly believe that 7G would have been much better off without this merger.  Forcast FCF for 2021 is currently 670MM, approximately 1/3 of the 2B debt 7G holds.  IF they had chosen to stay flat with production in 2022 and pay down debt, their growth position would have been fantastic... options to grow production or acquire rather then be acquired (if ANYONE believes this is a merger, give your head a shake).

I think the $12/share is reasonable and I am holding and calling for $13.50 by YE.

 

 

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