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Spartan Delta Corp T.SDE

Alternate Symbol(s):  DALXF

Spartan Delta Corp. is a Canada-based energy company. The Company is engaged in exploration, development and production of crude oil and natural gas properties in western Canada. The Company has a portfolio of production and development opportunities in the Deep Basin and the Duvernay. It is focused on the execution of the Company’s organic drilling program in the Deep Basin, delivering operational synergies. It is also focused on growing and developing its Duvernay asset.


TSX:SDE - Post by User

Comment by Seppelton Jun 26, 2021 4:37pm
151 Views
Post# 33456538

RE:SDE at C$5.60 vs BIR, CR, ARX, SRX, PNE, TOU, NVA, PEY, AAV

RE:SDE at C$5.60 vs BIR, CR, ARX, SRX, PNE, TOU, NVA, PEY, AAV

What a comparison?! From small CR carrying more than $350 million debt all the way to mature adults ARX and TOU. Good luck with your numbers but here are a few unknown things, hopefully all pleasant surprises:
-About $100 mil still left in cash to be spent on acquisitions and consolidation. So far so good.
-2022 capex. Time for Simonette and more everywhere else.
-Transitioning to TSX. Sooner the better. 
Lots of good things expected in the patch, as long as oil and gas prices stay strong.

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