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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 CanadianOil2022on Jan 18, 2022 11:50am
246 Views
Post# 34328783

RE:RJ has Been Correct SURGE IS GOING TO BE HUGE

RE:RJ has Been Correct SURGE IS GOING TO BE HUGE

Josh Young thinks Surge energy will be HUGE 
Raymond James has Been Correct SURGE IS GOING TO BE HUGE

Raymond James Jeremy McCrea says $12+ / Share because Sparky is that good now.

Josh Young Bought Surge in Summer of 2021

Josh Young Bison Interests has been buying surge energy since the summer of 2021. He loves the horizontal 8 leg laterals with oil based mud in the Sparky some 50,000 acres 500% Upside from 40 boed to 200 boed plus Surge has their great light oil fields in this $90 oil era.

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