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Surge Energy Inc (Alberta) T.SGY

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

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 low recovery factors. It offers exposure to two of the five conventional oil growth plays in Canada: the Sparky and SE Saskatchewan. It holds a dominant land position and is drilling a mix of horizontal multi-frac and horizontal multi-lateral wells in the Sparky area. Sparky is a large, well established oil producing fairway in Western Canada. SE Saskatchewan is a focused operated asset base with light oil operating netbacks. SE Saskatchewan operates low-cost wells with short payouts and offers potential for continued area consolidation.


TSX:SGY - Post by User

Bullboard Posts
Post by CanadianBuckon Dec 19, 2014 2:11pm
370 Views
Post# 23250015

How Sweet it will be when...

How Sweet it will be when...
In early January:
1.Tax loss selling season done
2.January effect in full swing boosting small cap oversold stocks
3. Weather turns cold for nat gas lovers
4.Markets will realize the massive effect the lower oil prices are having on capital spending and how quickly the relatively small supply surplus will be gone
5. All the Money Managers reinstate oil/gas positions that were sold for year end window dressing
6. New Year Optimism!!
Please feel free to add some points to my list.
Bullboard Posts