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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 is focused on acquiring a diversified portfolio of assets. It has a portfolio of production and development opportunities in the Deep Basin of Alberta. It is focused on the execution of the Company's organic drilling program, delivering operational synergies.


TSX:SDE - Post by User

Comment by papaloapanon Mar 30, 2023 6:29am
149 Views
Post# 35368511

RE:hot money?

RE:hot money?The current price reflects the market view of the sum of the parts, supporting a sell now strategy.  But, there are many who cannot sell and walk away from that dividend; many of those will sell after they get it, likely putting some pressure on post closing SDE price. 

Owning a similar amount of CPG, I am also dealing with the illusion that SDE is trnsferring 40,000 bopd to CPG, leaving me with the same small share of their combine production, with the bonus of a big dividend to reduce my cost basis.

This management is very good, and shareholder friendly.  Given their track record, Ill be involved with SDE for the long term
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