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Bullboard - Stock Discussion Forum
New Stratus Energy Inc
V.NSE
Alternate Symbol(s):
RDRIF
Energy
Oil & Gas E&P
New Stratus Energy Inc. is a Canada-based oil and gas company focused on Latin America. The Company is engaged in the acquisition, exploration, and development of oil and gas properties. It holds approximately 50% indirect interest in GoldPillar International Fund SPC Ltd. (GoldPillar). GoldPillar, in turn, holds a 40% equity stake in Petrolera Vencupet, S.A. (Vencupet). Vencupet holds the...
rights for oil production in six fields located in Eastern Venezuela, which include Adas, Lido, Limon, Leona, Oficina Norte and Oficina Central (the Fields) all located onshore in the Anzoategui and Monagas States. The Fields are located onshore in the Eastern Venezuela Basin and have an aggregate area of 794.2 square kilometers (km2). It also entered into a definitive agreement to acquire over 49% equity stake in Operaciones Petroleras Soledad S.de R.L. de C.V. (OPS), a private oil and gas company in Mexico. OPS is the third-party contractor and operator of a hydrocarbons production contractor.
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TSXV:NSE - Post Discussion
New Stratus Energy Inc
> Nice acquisition
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•••
InfoIsKey
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Post by
InfoIsKey
on May 15, 2024 7:44am
Nice acquisition
Jim's summary of the Operaciones Petroleras Soledad acquisition by New Stratus Energy
https://oilman.beehiiv.com/p/oilman-jims-letter-15-may-2024
Worth reading
(7)
•••
stiffupperlip
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Comment by
stiffupperlip
on May 16, 2024 12:32pm
An interesting acquistion but the market doesn't seem to enthisiastic about the news
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