Surge Energy Inc (Alberta) T.SGY

Buzz on the Bullboards: Stocks to watch as TSX soars amid Mideast tensions

[tri-stock]

We need institutional money to drive up the stock price. We are still considered small. Hopefully with less debt soon, somebody will see the cash cow this company has become.

[uwebb429]

Time for some bar napkin math on Surge's 102/01-03-05-06 W2 Lampman well that is shown in the above chart.  For 60 days it averaged over 500 boe/d. 60 days X 500 boe/d X $75 = $2,250,000

[Jonathon Brown]

The TSX reached a new high, reflecting investor optimism. However, the market stepped back as tensions in the Middle East intensified. read article.

[uwebb429]

Surge has a rig in each of their core areas. One near Lampman, SK and one near Hope Valley, AB. Savanna Drilling Rig 414 started near Fabyan, AB on October 1st. This new location is a 40 km drive SW

[uwebb429]

The Stampede rig has moved again from 1.5 miles east of Lampman, SK to surface location 14-21-004-06 W2 which is 4 miles due south of Lampman. Drill baby drill. I think Surge is on to something in

[Momo25]

Not a wise advice. Oil and Gas prices are at the lowest possible. We went through Covid, which forced all the big infrastructure investment to be frozen, then inflation kicked in, which slowed even

[uwebb429]

Here are the National Bank target prices for Sep 26, 2024. The SGY target went from $11.00 to $11.25. https://twitter.com/emmpeethree/status/1839846944346386459 I have been following the National

[Taffypalmer2014]

National Bank just came out with new TP on the O&G stocks. Revised many downward due to oil price but SGY got an upgrade from $11 to $11.75. One of the few upgrades in the oils. Still a long way

[uwebb429]

When Surge sold their Shaunavon assets at the end of May, Surge reduced their exit 2024 production number from 25,000 boe/d down to 24,000 boe/d. Less production but less debt. The $37.4 million they

[Taffypalmer2014]

Yeh Great wells, Hopefully we see a boost in 4thQ Production and a boost in 2025 forecast. Hopefully share price gets a boost soon from the new wells, tired of waiting. A takeout by somebody would

[Playacar]

I think this is good news but can you explain it to me in simple terms.  How does this impact their daily production vs their budget. How many more barrels per day will this give them. 

[uwebb429]

Good times for Surge at Lampman, SK. The original 03-03 well was drilled from surface location 03-10-05-06 W2. They moved the drilling rig a half mile east to 01-10-05-06 W2 and drilled two more

[uwebb429]

No change. September 16th, Surge assets are still for sale.  https://twitter.com/emmpeethree/status/1836979624992993488

[uwebb429]

Stampede Drilling Rig #2 is now working approximately 1.5 miles due east of Lampman, SK at 13-11-005-06 W2. Surge have drilled a few wells near Lampman recently. Maybe they will get lucky and

[tinkvid]

WTI looks to be finding its way back up. Shorts better start covering. Opex tomorrow, not sure what affect that will have on markets.

[Re1ndeer2]

Same with me...Still own Surge, but not high on Paul or Jared....