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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 > Surprised transaction
View:
Post by Seppelt on Mar 28, 2023 7:50am

Surprised transaction

CPG gets Gold Creek and Carr. We get the cash, keep Deep Basin and become proud shareholders of Logan which keeps Simonette and other Montney natural gas assets.
I also own CPG but a lot more SDE. Take what you get and we'll see the market reaction.
Comment by PabloLafortune on Mar 28, 2023 10:38am
SDE (Deep Basin) retains the debt, $5 value?, straightforward part of it.  Tax consequences to special dividend.  Logan seems way undervalued @$60M. Pretty good price for those Montney assets.
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