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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 PabloLafortuneon Dec 01, 2023 1:35pm
143 Views
Post# 35763899

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

RE:RE:RE:RE:RE:RE:RE:Question?Excellent point.

 You see the LNG deal ARX signed with Cheniere and expanded two days ago.  If you're small, you may not get those opportunities.  Marketing diversifiation via US hubs is kind of deja vu. .

Plus Permian continues to grow and seeminglly willing to sell their natgas at any price.

So there is probably a need for consolidation to lower costs, drill longer wells, drill better wells, secure LNG deals.  This is the fork in the road that these dry gas producers are either at or will be IMO. Go Left (acquire) or Go Right (be acquired).
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