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Surge Energy Inc T.SGY

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

Surge Energy Inc. is an 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. The Company’s operations include Sparky, SE Saskatchewan, Greater Sawn, Valhalla and Shaunavon. The Sparky operation offers light/medium crude oil production with compelling returns. The SE Saskatchewan operation maintains asset base oil operating netbacks. Its development consists of low-cost wells with short payouts and SE Saskatchewan provides 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.


TSX:SGY - Post by User

Comment by ariesleafon Nov 25, 2021 1:28pm
132 Views
Post# 34165815

RE:What will the banks do now?

RE:What will the banks do now?I think the Bank's are looking at added more hedges so you will never see regular dividends or share buy back. Any few extra dollars Banks want to be first.
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