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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, 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

Post by Carjackon Jan 31, 2024 2:25pm
102 Views
Post# 35855422

Air quality alert cancelled after fire at eastern Alberta oi

Air quality alert cancelled after fire at eastern Alberta oi

Air quality is no longer a concern for people in the eastern Alberta County of Minburn, following a fiery blaze at an oil lease site Tuesday evening.

An Alberta Emergency Alert was issued just after 5:15 p.m. Tuesday due to toxic smoke coming from a fire at an oil lease site 23 kilometres southeast of Mannville. The fire involved four crude oil tanks at a privately leased site, according to County of Minburn officials.

People in a number of surrounding areas were asked to close their windows and shelter in place.

Video from the scene showed massive plumes of smoke coming from the fire.

The emergency alert was cancelled just after 7 p.m.

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