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Surge Energy Inc (Alberta) T.SGY

Alternate Symbol(s):  ZPTAF | T.SGY.DB.B

Energy Oil & Gas E&P
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

Surge Energy Inc (Alberta) > oil up 3.4% today but Surge up only 0.5%
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Comment by uwebb429on Jan 11, 2023 10:53pm
233 Views
Post# 35217441

RE:oil up 3.4% today but Surge up only 0.5%

RE:oil up 3.4% today but Surge up only 0.5%
VeritasVern wrote: Unusual, what's up with that?

There is nothing rational about the stock market's daily ups and downs, especially in the energy sector.

Hard to believe that anyone buying Surge Energy at the recent sub $9.00 level is going to have any regrets six months or a year or two from now. SGY cash flow in 2023 at $80 WTI will be like an ATM on steroids. 

Watch the October 2022 EPG Webinar if you have any doubts.

https://www.youtube.com/watch?v=WD9MPjalF5A

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