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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 Indicatoron Jun 19, 2015 10:17am
223 Views
Post# 23848197

"EVEN BETTER THAN WHITECAP"

"EVEN BETTER THAN WHITECAP"
Greg Newman on BNN Yesterday

SURGE ENERGY
  • "111% ratio is far better than group
  • Debt to cash flow 1.3 - Even Better than Whitecap
  • Strong results everywhere.
  • Trading at around 7.8 times (group around 10)
  • If you think oil is going higher This is one you can buy!"
1:23 minutes into the video:
https://www.bnn.ca/Video/player.aspx?vid=638926
Bullboard Posts