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) > Q2 Turnaround

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Comment by ACESoveron Oct 22, 2021 3:55pm

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Post# 34038926

RE:RE:RE:Q2 Turnaround

sunshine7 wrote: and today's dip even better buy as oil up. SGY will catch up shortly IMO.

Joe455 wrote:

geezer21 wrote:
Q2 was a huge turnaround for Surge.

Net Income                307,100,000
EPS                           7.23
Shareholder Equity    251,900,000

With rising oil prices throughout Q3 results will surpass Q2.

Today's dip is a great buying opportunity!

I have to agree with you about a great buying opportunity especially with WTI currenetly trading at $83.99 +$1.49. So much so that I added earlier today. The market is riddled with crazy trading that does not seem to make sense. To me a perfect buying opportunity. WTI just hit $84.00 as I finish my post.

ACE$