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Surge Energy Inc (Alberta) T.SGY

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

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
Comment by slacker101on Nov 19, 2013 7:41pm
259 Views
Post# 21921176

RE:RE:what now......

RE:RE:what now......Seasonality is also a factor right now (January to May for oil). I'm in at $6.80 and $6.22.  Getting the dividend while we wait makes it easier to handle price swings.  I can't make that kind of return on my money having it sit in a bank savings account. I am just waiting to see if I can buy once more before January.  All we need is an inventory report that doesn't sit well with the market over the next 5 weeks to present that opportunity.
Bullboard Posts