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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 unc12345on Sep 30, 2021 6:10am
258 Views
Post# 33942261

RE:RE:RE:Pennydredful

RE:RE:RE:PennydredfulThis would be a form of crude analysis to be sure, but I believe that the amount of new names commenting on SGY here is a rough gauge of the new interest in the investing community.  Regardless of the past, which has been ugly, it seems we might be up from here if oil can even just maintain a reasonable level going forward. It won't be quick though as the past includes many missteps.  That said, absolutely no one predicted the sharp fall in oil prices and I for one am glad Paul has taken steps to avoid complete failure and we are still a positive going concern.
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