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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 Seppelton Dec 01, 2023 12:16pm
149 Views
Post# 35763652

RE:RE:RE:RE:RE:RE:Question?

RE:RE:RE:RE:RE:RE:Question?

It could be wishful thinking but these guys never stand still. I wonder if they plan to sell Deep Basin, distribute some proceeds and use the rest to expand and develop West Duvernay. 
In the near term, they may acquire more Duvernay acreage using debt and cash flow from the DB which can be sold later.

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