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, Greater Sawn and Shaunavon. 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 potential for continued area consolidation. The Valhalla operation is offering stacked pay multi-zone potential with light oil and provides range of area infrastructure and access to multiple egress options supports attractive operating netbacks. The Shaunavon operation is producing low decline, medium gravity crude oil with high operating netbacks. Its Greater Swan operation consists of concentrated light oil asset with conventional slave point reefs.

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Surge Energy Inc (Alberta) > WTI...$58.43 U.S.

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Comment by sclardaon Dec 27, 2020 9:48pm

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Post# 32186254

RE:RE:RE:WTI...$58.43 U.S.

Kherson wrote

Kherson wrote:

Kadiddelhopper wrote: .... and we are stuck purposely it appears at $1 to $1.01.

To get to $1.07, we have to plow aside near 600,000 shares on the Ask...What's with That?... Anyone?

In the last 6 months or so, the short position has decreased by about half, the share price has been walked down big time and the Insiders have stopped making purchases on the open Market for over 5 weeks!
BUYOUT!
My guess is that we get taken out at $2.15 within the next two weeks!
Kherson