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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

Bullboard Posts
Comment by ORTsnorton Oct 25, 2019 11:49am
91 Views
Post# 30269700

RE:RE:RE:RE:Dang this stock is cheap! easiest 10% i get a month.

RE:RE:RE:RE:Dang this stock is cheap! easiest 10% i get a month. At these levels many times the Stock Rallys after the market says Divividend is too high.  CPG rallied last year.    i have seen it many times.  I guarantee Vermillion after cut in half.  most would rally if over beaten for months , because everyone is selling thinking the cut will happen.   most invesotors are hoping so and it would catch a bid if the divi was 5% instead of 14%.   You are dumb if you think thats not what some institiutions are looking for cause 10% and higher Divii looks scary and they cant buy them.    U Dumb sometimes..  Granted a regular stock in regular envir. would get crushed..... not these ones!!  
Bullboard Posts