Surge Energy Inc (Alberta) T.SGY

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

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)

Bullboard Posts

Post by Indicatoron Aug 21, 2015 8:51pm

216 Views

Post# 24042107

Re Short sellers are driving the oil stock into the ground.

This was the case clearly voiced by many early in 2015, and it has now approached an outcome of criminal proportions.

This initial deep pocket, very powerful and organized short raid on Oil, has now attracted every wannbe into its sure thing Short game universe, crushing all semblence of balance in the "Free Market" and driving many stocks far below any semblence of their true worth.

Considering all the gloating shorts and the fact many of these marauding hoards have yet to cover, PC's belief that Oil will snap back BIG and LARGE, seems about right!

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