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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

Comment by NickelOneon Aug 13, 2020 6:48am
243 Views
Post# 31401859

RE:Interesting

RE:Interesting
JohnFriesen wrote: There were HUGE walls put up to keep the share price down, and the share price went no where for weeks. But all of those walls were knocked down in a day, and one has to wonder if maybe, just maybe, the share price will begin to reflect the reality of rising oil prices?



I have to thank the ones who put their shares on the line to build those walls, creating some great buying opportunities for me and others last week and early this week. Loaded a lot of cheap shares at 30-31c/share -  there is very limited downside risk with SGY while the odds of a double from here before the end of 2020 are quite high.

GLTA

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