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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

Post by Countrin2tiveon May 10, 2021 7:09pm
293 Views
Post# 33170595

The end of naked short selling?

The end of naked short selling?It will be interesting to see if Canadian regulating authorities have the stomach for this, even more interesting to think of where this company would be if it had been illegal Starting a couple of years ago.

https://oilprice.com/Energy/Energy-General/Is-This-The-Beginning-Of-The-End-Of-Naked-Short-Selling-In-Canada.html


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