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Surge Energy Inc (Alberta) T.SGY

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

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

Bullboard Posts
Comment by bugleboyon Nov 30, 2019 11:36pm
173 Views
Post# 30410006

RE:The real story from Texas!

RE:The real story from Texas!Good article! Thanks for sharing. The mid-term outlook for N American producers almost looks rosey! So why would a solid Canadian producer that has spent years building a solid company (that makes the odd bad decision) be looking to sell out? They would have to be desperate or stupid. I can't see a scenario where surge will be sold anytime soon when the future looks bright. The hard times for surge are now and soon to pass. To me that means buy, but I'm an idiot....
Bullboard Posts