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.

TSX:SGY - Post by User

Surge Energy Inc (Alberta) > CASH OUT IN TWO YEARS OR LESS (SGY WILL BE GOING PRIVATE

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Comment by martrob83on Aug 01, 2021 10:52am

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RE:RE:RE:CASH OUT IN TWO YEARS OR LESS (SGY WILL BE GOING PRIVATE

WanT, the entire industry had a rough number of years not just Surge. This is how commodity cycle and producers work. The worst is behind. Look, maybe I'm wrong, but on a probability basis, I'm now placing my bets. It sounds like you got burned by Surge in the past. Were you trying to catch a falling knife? Shale production peaked in my opinion.

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