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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 (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

Surge Energy Inc (Alberta)
Bullboard Posts
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(126)
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Comment by Khersonon Sep 14, 2020 6:58pm
176 Views
Post# 31557401

RE:Pure garbage - .24c.

RE:Pure garbage - .24c.
Cheadle12 wrote: This name has seen much better days and now is in that "will likely never recover" category.

Once investors feel a stock is too far gone (like Surge), they're also gone and wont' return.


~The great Cheadle.



Can you explain to us what the "never to recover category" actually is? Does this include companies who are paying down debt?
Kherson
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities
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