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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 (E&P) company. The Company's business consists of the exploration, development and production of oil and gas from properties in Western Canada. It holds focused and operated light and medium gravity crude oil properties in Alberta, Saskatchewan and Manitoba, characterized by large oil in place crude oil reservoirs with low recovery factors. It offers exposure to two of the five conventional oil growth plays in Canada: the Sparky and SE Saskatchewan. It holds a dominant land position and is drilling a mix of horizontal multi-frac and horizontal multi-lateral wells in the Sparky area. Sparky is a large, well established oil producing fairway in Western Canada. SE Saskatchewan is a focused operated asset base with light oil operating netbacks. SE Saskatchewan operates low-cost wells with short payouts and offers potential for continued area consolidation.


TSX:SGY - Post by User

Bullboard Posts
Post by Berthamaeon Jan 03, 2015 1:47pm
328 Views
Post# 23282498

BNN Bull

BNN BullA few years ago a regular guest from Sprott pumped Timminco like mad. Later he admitted in an interview with Howard Green that he was no longer in the stock. In other words he had to be selling when he was encouraging retail viewers to buy . I had the feeling Howard was not impressed. Some of the guests come across as sincere but  remember they put their own interests and their companies interests ahead of anything. If they are looking at starting a position in a stock they won't give out that information in advance. Be wary of what they preach. I've seen a lot of them come on later shows and contradict what the said on earlier programs. 
Bullboard Posts

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