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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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(3262)
•••
Comment by leo101on Sep 15, 2020 10:41am
125 Views
Post# 31559584

RE:RE:RE:RE:Pure garbage - .24c.

RE:RE:RE:RE:Pure garbage - .24c.
Kherson wrote:
Cheadle12 wrote: Sure.  What it means is that even if they pay down some debt, buy back shares, there simply are no buyers anymore in the junior space and what little buyers there are, they're not buying surge.

Even Eric Nuttall had it as a big "nope".  

Names like Storm, AAV, Kelt, TOG have the most buyers.. but surge, they're unloved.. pretty boring story and average assets (except for sparky).. but at the end of the day, no-one cares about "sparky".

Wish I had better news for you guys, but sorry I don't, just a dead stock.. was 36c recently now, .24c.  Not a bad company, but a bad stock.


Your post speaks volumes about who you are and who you work for. Glad to see that your employer also told you to mention "Sparky"!
Kherson


kherson, who does cheadle work for.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities
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