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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 Aug 12, 2015 6:11pm
178 Views
Post# 24012874

RE:RE:RE:RE:Surge; Realized Oil Prices

RE:RE:RE:RE:Surge; Realized Oil PricesBP's Whiting refinery is a big consumer of Canadian heavy oil. Could explain the drop in WCS, I agree.

I think there is good support from the NCIB in place. But the negativity in the patch is as bearish as I have seen it. Now the markets say oil will not be above $50 for more than a year?!? That would be a very slow recovery. Somehow, I feel events to come will have oil go above $50 before then. GLTA!
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities