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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 (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

Comment by 1970Craigon Jan 14, 2022 7:29pm
275 Views
Post# 34319375

RE:Ended 2019 at $9.60

RE:Ended 2019 at $9.60

Love your post because that's what I see , and most have done a climb.  Not surge and hang on to your boot straps.  

    It's going to 8.50 and it won't be long.  I am so sure of it.    We will be 10 as well   However for a common sense investor we traded around 1 dollar pre crash   For a long time with a divvy . So general investors does his homework sees most others have hit there pre crash pricing and more and the math or common sense math is safe safe safe at 8.5 times 1 dollar.  

   Then 10 soon after if we trade here past next earnings. 

  I believe $8.50 safely by earnings.    We are so CHEAP and I am buying more because there is 30 plus percent coming and it's coming in the next few weeks. 

    I believe this strongly.    

Huge congrats to everyone on a day or redemption. !!

Craig  
 

we wer

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