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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 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 TickerStock101on Oct 04, 2021 10:20pm
150 Views
Post# 33965405

RE:RE:RE:I like Paul’s style!!

RE:RE:RE:I like Paul’s style!!Agreed, but the chances at this point of a new strain that overcomes the vaccines is pretty slim at this point. I'm not a professional by any means but I haven't heard any new strain really beating the vaccines at this point. My thoughts are that this is not that risky of a move by Paul, I think the reward will highly out way the risk. All fundamentals  clearly point to very high oil prices for the next few years and there is no more OPEC vs USA power struggles etc. He's setting everything up for 2022.

Your welcome to allow S AnD F's half truths/negativity to create doubt. 
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