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Bullboard - Stock Discussion Forum 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... see more

TSX:SDE - Post Discussion

Spartan Delta Corp > Well results update soon?
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Post by TouchDown12 on Jun 01, 2022 2:00pm

Well results update soon?

As retail we have no day-to-day sense of how well their new wells are doing; in hindsight, monthly - yes (via Looking at April Petrinex data)... but not right now in real time. However, based on the sp action today - i think we might have an indication of what the answer might be if we could ask the question. BTW - i think those 16M warrents are now being held till they sell the co. at +22/share (if it sells at all by then) by Dec. 22. So don't worry (as some have posted) about that dilution....Just my take... Long SDE....TD12
Comment by Fyordian on Jun 02, 2022 10:14am
I think this recent volume is in anticipation of tomorrow's announcement for the TSX inclusion. If I remember correctly - it was Scotia who put out their opinion on it a few weeks ago. Look for an announcement tomorrow after market close (probably?) in regards to SDE meeting the requirements for the TSX index. Few weeks from now, SDE will officially be added into the index meaning all the ...more  
Comment by TouchDown12 on Jun 02, 2022 11:45am
Grat analysis Fyordian. I guess my confirmation bias was showing via well results (been doing more reserach into this via White Tundra); but it is sure great to catch some wind from the TSE inclusion. Thanks for the explaination from that point of view. TD12
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