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Surge Energy Inc (Alberta) T.SGY

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

Surge Energy Inc. is a Canada-based oil focused exploration and production (E&P) company. The Company's business consists of the exploration, development and production of oil and gas from properties in Western Canada. It holds focused and operated light and medium gravity crude oil properties in Alberta, Saskatchewan and Manitoba, characterized by large oil in place crude oil reservoirs with low recovery factors. It offers exposure to two of the five conventional oil growth plays in Canada: the Sparky and SE Saskatchewan. It holds a dominant land position and is drilling a mix of horizontal multi-frac and horizontal multi-lateral wells in the Sparky area. Sparky is a large, well established oil producing fairway in Western Canada. SE Saskatchewan is a focused operated asset base with light oil operating netbacks. SE Saskatchewan operates low-cost wells with short payouts and offers potential for continued area consolidation.


TSX:SGY - Post by User

Comment by unc12345on Mar 26, 2024 8:38am
168 Views
Post# 35952529

RE:RE:RE:RE:RE:Globe says "potential for outsized gains" seen at Surge

RE:RE:RE:RE:RE:Globe says "potential for outsized gains" seen at SurgeHey Billy.  You just wrote that the purpose here is to express opinions and observations.  I expressed mine, in a calm and reasonable fashion, regarding general thoughts on insider selling. In general, maybe not in your case perhaps, when people bring up insider selling, it IS a negative and they are at least implying that this is not a good sign.  I was simply pointing out that it doesn't have to mean that.

Perhaps you should also have a beer and relax when someone expresses an opinion.
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