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Surge Energy Inc (Alberta) T.SGY

Alternate Symbol(s):  T.SGY.DB.B | ZPTAF

Surge Energy Inc. is a Canada-based oil focused exploration and production company. The Company’s business consists of the exploration, development and production of oil and gas from properties in western Canada. Its operations include Sparky and SE Saskatchewan. Its supporting assets include Valhalla, and Greater Sawn. The Sparky operation offers light/medium crude oil production with compelling returns. The SE Saskatchewan operation maintains asset base oil operating netbacks. It has low-cost wells with short payouts and the potential for continued area consolidation. The Valhalla operation offers a stacked pay multi-zone potential with light oil and provides a range of area infrastructure and access to multiple egress options supports attractive operating netbacks. Its Greater Swan operation consists of concentrated light oil assets with conventional slave point reefs.


TSX:SGY - Post by User

Bullboard Posts
Post by valueplaysonlyon Apr 23, 2013 7:17pm
108 Views
Post# 21292043

super cheap

super cheap

Canadian  oil  and  gas ,  base and precious  have been victims   of  USA  based hedge fund manipulations designed to  force margin calls and capitulation selling.  Look  at the high  flying US  stocks,  LNKD  at 1300   times  PE,,  AMZN at  270   ( yet to ever make a profit )  and  NFLX   (   600  times PE).  The hedge funds are enjoying luring in people     on these high  flyers  and crashing    sectors  which have   value. The only way  you win is to  have the stomach and the capital  to    have a long holding period.  LNKD  will  one day   be   at ten dollars.   That would stil l be a PE of  50.   Patience my freinds. The   people want your shares at a   STEAL  price not a  FAIR price.

Bullboard Posts