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Bullboard - Stock Discussion Forum Seven Generations Energy Ltd. class A common shares T.VII

"Seven Generations Energy Ltd is an independent energy company focused on the acquisition, development, and optimization of high-quality, tight rock, natural gas resource plays. The company employs long-reach and horizontal drilling to produce resources of natural gas, condensate, and natural gas liquids. In addition to drilling operations, Seven Generations owns several gathering lines and... see more

TSX:VII - Post Discussion

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Post by MyHoneyPot on Nov 23, 2017 11:29pm

Depressed Market

Seven Generations is the largest condensate producer in the montney, condesate is almost 80 ifollars a barrel, last quater they got just over 50 for their condensate on the q3 results. So if they get 70 that like a 40 percent increase in revenues. 

60,000 boe of condensate, and 60,000 boe of liquids. 

It should be spiking here....
Comment by Specul8r on Nov 27, 2017 11:10pm
$80+ for condensate & bullish forecast. Earned $85MM in Q3. Healthy Insider buying. Huge geo-political risks in the Middle East as rhetoric between the Saudis and Iran heats up. With the Saudis considering a 5% sale in Aramco in 2018, a conflict between the two countries would increase crude, and improve the price the Saudis get for their Aramco shares. Let's not forget the prospect of an ...more  
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