Bullboard - Stock Discussion Forum 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... see more

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Spartan Delta Corp > Updated Presentation Posted on November 30

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Post by Bamsmba on Dec 01, 2022 4:05am

Updated Presentation Posted on November 30

It's on the website as usual: spartandeltacorp.com

Theres some new gas hedging in place, especially for next summer.

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Comment by Seppelt on Dec 01, 2022 8:15am

I red the new presentation yesterday and, among other things, noticed that under Montney assets overview they dropped Pouce Coupe and Simonette pages which were included in the previous September presentation. Could be that these two properties are up for sale under the recently announced "Repositioning Process". Flatrock in BC may also go and the question is what to do with proceeds ...more

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Comment by PabloLafortune on Dec 01, 2022 9:44am

I would say they're looking to buy some Montney asset(s). Perhaps one thing - buy asset A - depends on the other - sell asset B. It's gotta be pretty big because they have ample credit facility, haven't been afraid to use it and could issue stock as well. Thing is for the Seller esp. for significant shareholders in a company with quality oil and gas leases, you want the very ...more

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