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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 09, 2022 11:27am
293 Views
Post# 34499531

$9

$9We seem to be able to hold this level.  I think there may be some nervousness over looming Q4/Y21 results, hence this AM's dip.  I am thinking we may be in for another SP spike after the results are out regardless of what they say ("old tired news" as I said here before), as investors start to look towards Q1.  But hey, what do I know?, if I knew for sure I would be driving a Land Rover instead of a 12 year old VW.  Good luck all.
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