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Bullboard - Stock Discussion Forum Surge Energy Inc (Alberta) T.SGY

Alternate Symbol(s):  ZPTAF | T.SGY.DB.B

Energy Oil & Gas E&P
Surge Energy Inc. is a Canada-based oil focused exploration and production (E&P) company. The Company's business consists of the exploration, development and production of oil and gas from properties in Western Canada. It holds focused and operated light and medium gravity crude oil properties in Alberta, Saskatchewan and Manitoba, characterized by large oil in place crude oil reservoirs with... see more

TSX:SGY - Post Discussion

Surge Energy Inc (Alberta) > Death
View:
Post by AltafHANIF on Dec 27, 2022 11:55am

Death

This company keep buying more asset and keep staying in death. Only way to move foward is to stop borrowing money. Warren buffet
Comment by VeritasVern on Dec 29, 2022 3:49pm
Ya, but the Sparky area of Saskatchewan is prolific with payback at 3 months at $80 oil. We are near that now and could be $90-100 if production declines globally. 
Surge Energy Inc (Alberta)