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Surge Energy Inc (Alberta) T.SGY

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

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.


TSX:SGY - Post by User

Comment by pennydredfulon Sep 29, 2021 9:27pm
257 Views
Post# 33941749

RE:RE:Pennydredful

RE:RE:PennydredfulYour  commentary  is fair.  It  focuses  on  the past  not  the  present  and  the future  which  is  the  main   concern  at  this point  of time.   Some  remain  bitter  as  they focus  on  past losses , management mistakes  , and  other maladies  that negatively  affected   their investment. Assuming   Mount  Bastion  was  a mistake  the   CEO   with  lots  of  skin  in the  game  suffered   as  much  as  anyone.  However  the  company  did  not  go  bankrupt   as  many  did  in  this  industry   and   moves   have  been   made   to  right   the  ship  and  move on.  We   are now  well  past  the point   where  our  survival  is  questionable.  Bond   issues  of  the  company  that  were briefly    sub    20   are   now  close  to  par  value. 
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