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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 Feb 19, 2021 7:33pm

Value of Reserves

I guess to have 10 billion dollars of reserves would be quite an investment. It represents multiple years of future production. 

So how much sunk cost do you think is in having more than twice the reserves as ARC, and what value would you attribute to that?

Does that create an inequity in the deal?

IMHO
Comment by retiredengexec on Feb 19, 2021 8:48pm
I believe they spent 11 b to get 2.3 b of pp reserves. Less 1.9 B of debt. Before Holt came along they spent like drunken sailors.
Comment by MyHoneyPot on Feb 19, 2021 9:04pm
To:  You   ## In replies all text above this line is added to the request ## Dear Mr. Honeypot,   Thank you for contacting CPP Investments and sharing your views with us. We have passed this on to the relevant teams. ...more  
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