Surge Energy Inc (Alberta) T.SGY

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

Energy Oil & Gas E&P

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.

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Surge Energy Inc (Alberta)

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Comment by Dapper1on Dec 03, 2014 1:23am

428 Views

Post# 23188883

RE:RE:Behind the scenes in geopolitics

This is the dumdest article I have read todate on the oil crisis. Russia is the largest oil producer in the world and one of the largest exporters,-its the USA falt that Putin cannot cut some oil exports to raise prices. Putin has said that Russia will not cut oil production nor exports and so Russia and world suffers from low oil prices. Why? A small cut in percentage terms to Russia's exports would significantly close the over supply gap and raise prices.

Also Russia has confiscated a lot of Ukrainian moneyand property in its take over of Crimea-estimated by some to be in the $10B range.

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