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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 (E&P) company. The Company's business consists of the exploration, development and production of oil and gas from properties in Western Canada. It holds focused and operated light and medium gravity crude oil properties in Alberta, Saskatchewan and Manitoba, characterized by large oil in place crude oil reservoirs with low recovery factors. It offers exposure to two of the five conventional oil growth plays in Canada: the Sparky and SE Saskatchewan. It holds a dominant land position and is drilling a mix of horizontal multi-frac and horizontal multi-lateral wells in the Sparky area. Sparky is a large, well established oil producing fairway in Western Canada. SE Saskatchewan is a focused operated asset base with light oil operating netbacks. SE Saskatchewan operates low-cost wells with short payouts and offers potential for continued area consolidation.


TSX:SGY - Post by User

Post by ACESoveron Aug 09, 2021 1:34pm
207 Views
Post# 33672620

Caught in a trap

Caught in a trapTradestay actually has made an intelligent and positive post unlike 3 or 4 regular posters on this thread who drown in their own sorrow and negativity. Question is why do you still own shares in Surge if you feel the outcome will be so bad. Obviously its a lot easier to whine instead of selling and moving on. Your trapped in Surge purgatory. Tough place to be.

ACE$
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