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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 WhatsBestNexton Mar 09, 2021 9:11am
183 Views
Post# 32751023

RE:RE:BMO Upgrade

RE:RE:BMO UpgradeOn the one hand, sure, you're right. But on the other hand, a price target is a target. So evidently BMO is *publicly* declaring that they don't see this stock moving much at all. Even negative price targets are published and supported by their anaylysis. In their defense, they may not be completely wrong though it comes off puzzling to us who think there is more upside here. Like you, I hope they are dead wrong on this price target.
GLTA.
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