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Spartan Delta Corp T.SDE

Alternate Symbol(s):  DALXF

Energy Advertising Agencies Oil & Gas E&P
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

Spartan Delta Corp > 2023 YEAR-END RESULTS, RESERVES AND UPDATED GUIDANCE
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Comment by Seppelton Feb 26, 2024 11:57pm
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Post# 35900678

RE:RE: 2023 YEAR-END RESULTS, RESERVES AND UPDATED GUIDANCE

RE:RE: 2023 YEAR-END RESULTS, RESERVES AND UPDATED GUIDANCE

Looks like the co made several acquisitions in the Duvernay for a total of 32M and 170,000 net acres, up from 130,000 reported in the fall. And that explains the higher net debt. 

Not sure about the market reaction tomorrow. There is little interest due to very low natural gas prices and the Duvernay potential is a mystery with no details and no, or very litle capex.

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