Spartan Delta Corp T.SDE

Alternate Symbol(s): DALXF

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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

Spartan Delta Corp > SDE is Nat Gas Weighted (70%), SDE is NOT Oil Weighted

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Post by stockfyon Jul 19, 2021 12:54pm

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Post# 33569652

SDE is Nat Gas Weighted (70%), SDE is NOT Oil Weighted

Those who sell SDE due to the drop in oil prices today are clueless and they must lose their shirt in the stock market. This is what they deserve.

SDE is very gassy. Proforma the recent deals, SDE produces about 40,000 boepd with about 70% nat gas.

Therefore, its cash flows are primarily dependent on nat gas and AECO. SDE's cash flows are not dependent on oil.

And AECO is up again today making new highs while the outlook for the winter is very promising.

Facts about SDE below:

https://www.newswire.ca/news-releases/spartan-delta-corp-announces-strategic-acquisitions-and-provides-operational-update-816906897.html

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