Surge Energy Inc (Alberta) T.SGY

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

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, Greater Sawn and Shaunavon. 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 potential for continued area consolidation. The Valhalla operation is offering stacked pay multi-zone potential with light oil and provides range of area infrastructure and access to multiple egress options supports attractive operating netbacks. The Shaunavon operation is producing low decline, medium gravity crude oil with high operating netbacks. Its Greater Swan operation consists of concentrated light oil asset with conventional slave point reefs.

TSX:SGY - Post by User

Surge Energy Inc (Alberta) > Rob Tetrault Interview with Rob Colborne, CEO

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Post by uwebb429on Oct 13, 2023 1:55pm

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Post# 35682664

Rob Tetrault Interview with Rob Colborne, CEO

Not sure if this interview from June 29th was ever posted. SGY was trading at only $6.97.

https://www.youtube.com/watch?v=Q4byQpAEAyw

WTI at $90 was a pipe dream back then but is well within reach only three and a half months later. Cash flow this quarter and going forward looks great. Pay down debt and the share price should continue to appreciate.

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Drilling company poised to capitalize on market conditions