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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 Fyordianon Feb 25, 2022 1:33pm
117 Views
Post# 34462260

RE:RE:Interesting Perspective

RE:RE:Interesting PerspectiveCountries may have not included Russian energy supplies in the sanctions because the world needs to see those supplies exported, but reality is telling a different story.

The energy supply is being disrupted not because of trade policies, but because Russian oil importers can't get financing. The importers need letters of credit signed by a financial instituition to guarantee payment. No bank in its right mind would sign a letter for credit for something as controversial and risky as Russian buying oil & gas right now.

I've heard estimates of credit & transportation risk premiums have more than tripled and show no signs of the situation "derisking". Sanctions or no sanctions, money talks and the end result is the same.
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