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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 anticlineon Jul 07, 2023 6:27pm
138 Views
Post# 35531699

RE:RE:Some signs of progress:

RE:RE:Some signs of progress:I don't know for certain but SDE was once 19% owned by Igor Makarov who lives in Florida. Living in Florida didn't allow him to escape the notice of Chrystia Freeland, Canadian Finance minister, and be sanctioned for being a Russian oligarch. Makarov had to divest to under 10% so as to not have to report his holdings. From what I gather the first special dividend did not require the pony express passage of paper, but since this is a much larger amount I think SDE wanted to do everything short of having Minister Freeland personally inspect all share certificates for any taint of Makarov. Hence this grotesque and slow process to make sure people declare that they are not Makarov and neither are they acting on his behalf. It's all kind of crazy but that seems to be the story.
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