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Surge Energy Inc (Alberta) T.SGY

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

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.


TSX:SGY - Post by User

Surge Energy Inc (Alberta)
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Comment by jerrybeon May 25, 2015 12:00pm
322 Views
Post# 23760909

RE:RE:RE:LTS is up and SGY is down

RE:RE:RE:LTS is up and SGY is downPawnstar,

Decidedly, you pick bad examples. PPY is shooting up because of the excitement surrounding the multiple (and ever louder) announcements of LNG projects on the coast of BC, which would put PPY at a huge advantage.

PPY's reserve valuations are huge, IF PETROBRAS goes ahead with their LNG plants, PPY will benefit significantly. Investors are placing their bets this will happen, hence the positive jumps in PPY's share price, uncorrelated with daily NG price movements which are kept under a lid for the time being. PPY was trading at $12 last summer...
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities