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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 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 bigteether12on Jul 25, 2022 7:08pm
197 Views
Post# 34849636

RE:RE:Best small cap Oil stock around?

RE:RE:Best small cap Oil stock around?Awesome, thank you for the suggestions. I had previously looked at SGY's corp presentation, and I've now just checked out some of your previous posts. It's tought to know how far to go back to find a comparison to other small caps(not sure if you have a specific post for that or not), can't really specifically search for it, unless I'm unaware of a search function. I'm wondering if you can comment on SGY compared to WCP or VET for example? Not sure if you hold other small caps as well. I hold all three and I'm thinking how to allocate further funds. I really like the FCF with SGY, great reservoirs, but I like the diversificaiton VET has in european gas...thoughts?

Thanks for your input!
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