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, 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)

Bullboard Posts

Post by porksnifferon Jan 18, 2019 9:38pm

115 Views

Post# 29254537

Disappointing Action

Something not right here at all. What is the company hiding. Market is not stupid, price reflects reality. This is down 7 days in a row and 9 days out of 10 on ever rising volume. Oil was up $2 today how is it possible to be down after 6 previous down days?? This is called distribution not accumluation like a previous post stated. Accumulation price stays flat and rises and trends up, this does the opposite. What is the company hiding from us? I would guess a large dividend cut is in the works and as usual others are in the know.

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