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Bullboard - Stock Discussion Forum 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... see more

TSX:SGY - Post Discussion

Surge Energy Inc (Alberta) > Paying 106 million off debt
View:
Post by soundandfury on Mar 05, 2021 4:29pm

Paying 106 million off debt

Sets sgy up nicely for a takeout offer in the 1.50 to 1.75 range.......there seemed to be some urgency in the buying today.......possibly sgy management has finally decided that they are just to small to carry on in this business....imo
Comment by burnout29 on Mar 05, 2021 4:34pm
This post has been removed in accordance with Community Policy
Comment by WhatsBestNext on Mar 05, 2021 4:35pm
Just curious: any suspicions for who might be the one to buy them out?
Comment by burnout29 on Mar 05, 2021 4:39pm
This post has been removed in accordance with Community Policy
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