Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Jul 19, 2021 5:58pm
128 Views
Post# 33573123

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

RE:SDE is Nat Gas Weighted (70%), SDE is NOT Oil Weightedstockfy, 
First of all, oil is important to SDE. The co paid good money earlier this year to acquire an oily Montney asset where it is currently drilling 4 wells and hopes they will produce a lot more liquids than gas. In the deep basin it is currently drilling 3 Cardium wells vs only 1 Cardium well a year ago.
Secondly, the markets don't give a shitt. Oil goes up tomorrow while gas is flat or down and the stock will bounce back. This is how markets work.
I bought more shares today and it already closed lower. Tomorrow it may trade even lower so I wouldn't rush calling sellers clueless. Everyone has its own reasons to sell and there is always a better trader than you.
<< Previous
Bullboard Posts
Next >>