Surge Energy Inc (Alberta) T.SGY

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

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.

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Surge Energy Inc (Alberta) > Relative value

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Comment by Theconsortmanon Feb 01, 2021 2:19pm

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Post# 32438447

RE:Relative value

pointer wrote: SGY used to trade in tandem with CJ, at about half CJ's share price.

CJ is $1.05 today, so SGY should be over 50 cents just on that basis.

The only reason CJ went up is because a well known guy bought into some of their debt, he didn't buy a single share.

So all SGY needs is some catalyst to get people's attention.

That is wrong. The well known guy is a value hunter, He got some warrants with the debt so he has confidence on the equity side as well. Murray doesn't over pay or lose money lol.

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle