Second Wave Petroleum Inc SCSZF

SYRG case

[puntabeach]

SYRG  produces 1,700 boepd in Wattenberg  while SCS.TO produces 2,300 boepd.

SYRG   Niobrara wells cost  $5M or more.

SYRG has smaller  quarterly  funds from operations  than  SCS.TO  

SYRG  has  FFO around  $3M   while  SCS.TO  has  FFO  around   $6M     per quarter.

 

SYRG has EV=$350M

SCS.TO has EV=$130M 

 

Albert  Einstein  said: "Two things is life  are  infinite....The universe and the human stupidity although I doubt about  the  universe".

[Iamwcw]

This post has been removed in accordance with Community Policy

[iaminvestor]

  SYRG  produces 1,700 boepd in Wattenberg  while SCS.TO produces 2,300 boepd. SYRG   Niobrara wells cost  $5M or more. SYRG has smaller  quarterly  funds from operations  than  SCS.TO   SYRG  has  FFO around  $3M   while  SCS.TO  has  FFO  around   $6M     per quarter.   SYRG has EV=$350M