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Surge Energy Inc (Alberta) T.SGY

Alternate Symbol(s):  T.SGY.DB.B | ZPTAF

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.


TSX:SGY - Post by User

Post by Countrin2tiveon Mar 08, 2022 12:08pm
315 Views
Post# 34495712

Q4/Y21 End Results

Q4/Y21 End ResultsAs we all know the world as we new it and everything we may have been expecting at the end of 2021- doesn't exist anymore.  I'm expecting an overall loss for Y21, while Q4 will look much better than the previous 3Qs.  What I am real interested in is their looking forward statements as they the pertain to current situation, and what they expect in terms of company iniatives to year end.  The rest is old tired news.
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