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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 unc12345on Oct 02, 2022 8:07pm
166 Views
Post# 35000640

RE:RE:RE:The Bow-tie

RE:RE:RE:The Bow-tie
zack50 wrote: Unc... Mr. BOWTIE was on BNN (Market Call) back in April/22 and indicated that TP of $42 as his 5 year peak. His 3-year outlook was in the $20s.

So, that news is really 6 months old and certainly doesn't reflect today's oil price. Most analysts have set an average TP of ~$14 for the near future.

I, like others, certainly hope that the Bowtie Man's TP does come to fruition, but fwiw, I rank Josef Schachter near the bottom when it comes to credibility.





Thanks for the info Zack. After I asked the question, I did look it up and that April talk was the latest I could find.  I am wondering how he's kept things going, being wrong for so long.
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