Spartan Delta Corp. (DALXF)
Summary
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Spartan Delta Corp. Profile
| Oil, Gas & Consumable Fuels Industry | Energy Sector | Dr. Fotis Kalantzis P.Geoph, Ph.D. CEO | OTC PINK Exchange | CA84678A5089 ISIN |
| CA Country | 107 Employees | 31 Jul 2023 Last Dividend | 4 Jun 2020 Last Split | - IPO Date |
Overview
Spartan Delta Corp. is a dynamic entity focused on the exploration, development, and production of oil and natural gas reserves predominantly located in the Western Canada Sedimentary Basin. With its assets strategically positioned in Montney and Deep Basin, the company is well-poised to exploit these resource-rich regions. Initially founded as Return Energy Inc. in 2006, it underwent a significant rebranding to Spartan Delta Corp. in May 2020, signaling a refreshed corporate strategy and direction. Headquartered in Calgary, Canada, Spartan Delta Corp. is dedicated to utilizing innovative approaches and technologies to maximize the extraction and production of hydrocarbon resources, contributing actively to Canada's energy sector.
Products and Services
The core offerings of Spartan Delta Corp. revolve around the exploration, development, and production of oil and natural gas, with a focus on two main areas:
- Oil and Natural Gas Exploration and Production: At the forefront of Spartan Delta Corp.'s operations is the exploration and production (E&P) of oil and natural gas. Leveraging advanced technological methodologies and extensive geological expertise, the company targets significant hydrocarbon deposits within the Western Canada Sedimentary Basin, particularly in the Montney and Deep Basin areas. This involves a comprehensive cycle of activities from geological surveying and drilling to the actual extraction of oil and gas, ensuring a steady supply of these crucial energy resources.
- Asset Management and Development: Alongside its E&P activities, Spartan Delta Corp. places a strong emphasis on the strategic management and development of its assets. This encompasses the optimization of existing oil and gas fields, potential expansion through acquisition of new prospects, and the continuous improvement of production efficiency. The company invests in state-of-the-art technologies and methodologies to enhance the productivity of its operations, reducing environmental impact while maximizing output.
