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, 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.

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Surge Energy Inc (Alberta) > What does everyone think of the new report?

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Comment by PreludeSHon Mar 09, 2022 7:44pm

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Post# 34501466

RE:What does everyone think of the new report?

Nothing new from the Adelaide Capital presentation they gave in January. Outlook for 2022 is the same as back then. I would say the newest info was the NAV projection of $16.94 per share proven and probable. Our current price of $9 per share shows there's lots of room to grow.

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