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Bullboard - Stock Discussion Forum
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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TSX:SGY - Post Discussion
Surge Energy Inc (Alberta)
> Oil is heading higher
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•••
Grandcentral
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Post by
Grandcentral
on Aug 28, 2021 9:47pm
Oil is heading higher
Supply slashed for political reasons, and now catastrophe after catastrophe has weakened supply even further. Ida will have a heavy impact on oil prices. It's a treadmill industry that needs to keep up with demand, or prices go wild.
https://www.cnbc.com/2021/08/28/oil-firms-cut-us-gulf-of-mexico-output-by-91percent-ahead-of-hurricane-ida.html
(90)
•••
NanCYGreenfield
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Comment by
NanCYGreenfield
on Aug 28, 2021 11:20pm
This post has been removed in accordance with Community Policy
(11)
•••
winterishere
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Comment by
winterishere
on Aug 30, 2021 2:09pm
Hope so, I need about $5 to break even but it would be nice to make a few dollars.
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