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.

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Surge Energy Inc (Alberta)

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Comment by jerrybeon Feb 23, 2017 3:45pm

288 Views

Post# 25885002

RE:RE:Surge Energy increases NAV to $5.47 per share

I bought 2,000 more shares. No brainer here. You can sleep on it, NAV almost double current share price. Wells are getting stronger every quarter. The operations are getting better and better, dividend increased recently, and significant free cash flows will be generated if oil marches to $60...the future is bright for Surge Energy.

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