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Surge Energy Inc (Alberta) T.SGY

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

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) > I just keep shacking my head...
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Comment by fortunefavorsuson Nov 05, 2021 8:21am
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Post# 34090858

RE:RE:RE:RE:RE:RE:RE:RE:RE:I just keep shacking my head...

RE:RE:RE:RE:RE:RE:RE:RE:RE:I just keep shacking my head...I thought everybody already knew that this is a 4th quarter turnaround and great performance in 2022.  Being held down to let sellers from acquisitions out and short term drop in oil spooked some investors from adding to positions.  Nothing shows yet that oil want continue its climb to $100 in 2022.  
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Dealroom for high-potential pre-IPO opportunities