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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
Comment by john0522on Aug 18, 2015 2:41pm
163 Views
Post# 24028746

RE:RE:RE:RE:RE:RE:RE:RE:RE:Disappointed in no dividend cut

RE:RE:RE:RE:RE:RE:RE:RE:RE:Disappointed in no dividend cutIf everything remains exactly as it is today you are possibly right.

however management are still working and trying to improve the situation.

since the q2 report says the average boepd was 17500  with a 3000boe well not included I dont 


foresee 16000 boepd happening.

Its your money DYODD.

not a large investor (only 170 LB)  GLTA
Bullboard Posts

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