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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 sclardaon Dec 27, 2020 9:54pm
218 Views
Post# 32186266

RE:RE:Takeover is still possible

RE:RE:Takeover is still possibleKherson wrote
soundandfury wrote: But must happen soon or the takeover window may close........i believe cpg will do a friendly takeover of sgy and will be done with the blesding of sgy bod @ 3.00 to 3.20 per share........might be a cash and share deal ......but of course this is all pure speculation on my part.


I completely agree with your assessment of a takeover, but having watched for the last year on how hard the manipulators have walked the share price down, I think a 300% premium on the present price is a bit rich. 
Kherson

------------------------------------
Dec 2019  Shareprice being "walked down" over the last year.  Takeover coming any day now.

This fellow has been calling manipulation and take  down of the SGY shareprice for years now all because of a  buyout that has been just around the corner for years but never seems to happen.

  Maybe the shareprice is not being "Walked down" as this paranoid fellow thinks  but went down to these levels and has not risen a lot because SGY is not a very profitable company at low oil prices and also has a lot of debt.
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