Spartan Delta: Heading Towards More Oil Production
Source: SeekingAlpha
2025-04-19 11:13:57 ET
Summary
- Spartan Delta and Logan Energy have overlapping management.
- Management's history of successful growth, spinoffs, and sales reduces small company and growth risks.
- The spinoff of Logan Energy enhances market focus and potentially boosts long-term valuation and profits for investors.
- Spartan Delta aims to grow through margin expansion and eventually production growth.
- The acreage was long known for natural gas production. It now has liquids rich intervals.
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Spartan Delta: Heading Towards More Oil Production
LOGAN ENERGY CORP
NASDAQ: LOECF
LOECF Trading
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