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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, and Greater Sawn. 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 the potential for continued area consolidation. The Valhalla operation offers a stacked pay multi-zone potential with light oil and provides a range of area infrastructure and access to multiple egress options supports attractive operating netbacks. Its Greater Swan operation consists of concentrated light oil assets with conventional slave point reefs.


TSX:SGY - Post by User

Surge Energy Inc (Alberta) > Tax Pool benefit...
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Comment by pennydredfulon Feb 03, 2022 2:34pm
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Post# 34394287

RE:RE:RE:Tax Pool benefit...

RE:RE:RE:Tax Pool benefit... In   other  words  a   tiny  portion  of  the pool  will  be  useful  if  oil  prices  remain   high  but   if  oil  corrects  somewhat  the  pool will  just  carry  forward  to future  years  . So   yes  the  pool  has value  over   the next  40-50   years   if oil  remains  high  but   the  present   value  is  a very  small fraction  of  the size of  the pool.  
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