Spartan Delta FY26 Q2 net income rises 27% to CA$ 42.44 million; oil and gas sales more than doubled to CA$ 183.7 million

• Spartan Delta posted Q2 net income under IFRS of CA$42.44 million, up 27%, as oil and gas sales more than doubled to CA$183.7 million.
• Adjusted Funds Flow, a non-GAAP measure, climbed 93% to CA$92.59 million; average output rose 37% to 52,818 BOE/d.
• Operating netback before hedging, a non-GAAP ratio, jumped 83% to CA$24.93/BOE; net debt ended the quarter at CA$300.37 million.
• Capital expenditures before A&D, a non-GAAP measure, increased 71% to CA$143.07 million; 10 Duvernay wells were drilled and five brought on-stream.
• Raised 2026 guidance to 53,500-54,500 BOE/d, lifted capital program to CA$525-575 million, and increased expected adjusted funds flow to CA$400 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Spartan Delta Corp. published the original content used to generate this news brief on July 29, 2026, and is solely responsible for the information contained therein.