Spartan Delta Corp T.SDE

SDE is Nat Gas Weighted (70%), SDE is NOT Oil Weighted

[stockfy]

Those who sell SDE due to the drop in oil prices today are clueless and they must lose their shirt in the stock market. This is what they deserve.

SDE is very gassy. Proforma the recent deals, SDE produces about 40,000 boepd with about 70% nat gas.

Therefore, its cash flows are primarily dependent on nat gas and AECO. SDE's cash flows are not dependent on oil.

And AECO is up again today making new highs while the outlook for the winter is very promising.

Facts about SDE below: 

https://www.newswire.ca/news-releases/spartan-delta-corp-announces-strategic-acquisitions-and-provides-operational-update-816906897.html

[Seppelt]

stockfy,  First of all, oil is important to SDE. The co paid good money earlier this year to acquire an oily Montney asset where it is currently drilling 4 wells and hopes they will produce a lot more liquids than gas. In the deep basin it is currently drilling 3 Cardium wells vs only 1 Cardium well a year ago. Secondly, the markets don't give a shitt. Oil goes up tomorrow while gas

[stockfy]

Nat gas is up 3.5% again today and makes new highs, oil is up and some dump a few shares few minutes before market close, so SDE closed at $4.72 today.  I said it before and I say it again.  The manipulation on SDE's stock price over the last months is disgusting.