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 rayjd93on Feb 23, 2016 10:51pm

209 Views

Post# 24587868

RE:Eric Nuttall Market Call

ROIcrusader wrote: Chances of survival very good, but currently overvalued - valued at same level as Raging River. Expect a dividend cut (at least 50%) going through best inventory in bad oil price environment. Expect to see a .50 drop.

https://www.bnn.ca/Video/player.aspx?vid=814536

am long glta

I get the impression that Nuttall has something personal against SGY. For the longest time he's been really negative about it. He likes to make comparisons and he likes to always drop SGY in as the bad part of his example. Did PC make fun of him as some oil event or something?

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