TSX:SDEOil and Gas
Reserve Growth And Higher NPV Despite Lower Prices Could Be A Game Changer For Spartan Delta (TSX:SDE)
Spartan Delta Corp. recently reported that, as of December 31, 2025, its proved developed producing, total proved, and total proved plus probable oil and gas reserves all increased, extending its reserve life index across these categories.
An interesting aspect of the update is that the net present value of these reserves rose across the board even though commodity prices were lower, underlining the importance of reserve quality and development efficiency in the company’s asset base.
We’ll...