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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 Countrin2tiveon Jun 10, 2022 11:43pm
213 Views
Post# 34748888

RE:RE:BNN BLOOMBERG POLL

RE:RE:BNN BLOOMBERG POLLThe way to off-set high cost of gas, gasoline, heating oil, etc...invest in oil.

If not...well...missed opportunity...and stop whining. 

Further. no one was complaining when price of fuel of various types was tanking 18 months ago.  A tax on "excess" oil profits?...ludicrouse, stupid, nuts, communistic...these word come to mind...oh...and I'll refer back to the start of this message...invest if you can.  Companies will eventually invest in more CAPEX when at some pont in the near future, they are not swimming in debt and have compensated investors for the risks the have taken.  Fortunately our economy does not run on taxes...it runs on profits...and through intelligent investing they are there for everyone to benifit from.
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