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Vital Energy Inc (Canada) V.VUX

Alternate Symbol(s):  SNYXF

Vital Energy Inc. is an oil and gas exploration and development company, which is engaged in the acquisition of, exploration for and development of crude oil and natural gas in Western Canada. Its core property areas include the SE Saskatchewan property area, West Central Alberta property area, the original SW Saskatchewan property and East Central Alberta property areas. The SE Saskatchewan property area includes the two production properties - Lampman and Steelman, and four undeveloped and non-producing properties - Gainsborough, Dalesboro, Weyburn and Hume. The SW Saskatchewan property area includes two producing properties - Gull Lake and Pennant. The East Central Alberta property area includes two producing properties - Sullivan Lake and Baxter Lake. The West Central Alberta property area includes three undeveloped and non-producing properties - Pembina-1, Pembina-2 and Ante Creek. The Gull Lake property is covered with 3D seismic data and has over nine wells producing crude oil.


TSXV:VUX - Post by User

Comment by freedom-1970on May 05, 2022 9:38pm
73 Views
Post# 34660906

RE:RE:RE:This is a go-private play with nothing but upside

RE:RE:RE:This is a go-private play with nothing but upside

I would expect several wells on the agenda for 2022 , as this woudld easily cover any declines.
I am hoping they can add 20% production increases over a 6 month timeframe. This would give them growth thru cash flow . Couple in hedges at 3 month intervals would maximize profit's.  


2000 boed and we can have some interest from the big boys...

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