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.

TSX:SGY - Post by User

Surge Energy Inc (Alberta) > Eric Nuttall Market Call Link

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Comment by daniel004on Apr 02, 2024 7:50pm

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Post# 35966501

RE:Eric Nuttall Market Call Link

Can't be a coincidence that the price was on a run today and retracted as he spoke about SGY.
I understand the liquidity issue and lack of option contracts makes SGY less attractive to the major traders and funds.
Does being below the radar not make it an attractive buy-out target?
Still a decent day in the green and Eric says it's cheap.
GLTA

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