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Surge Energy Inc (Alberta) T.SGY

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

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

Post by Paray99on Mar 01, 2022 2:50pm
229 Views
Post# 34472209

Oil stocks ready for a major rally….

Oil stocks ready for a major rally….

Oil rally is unstoppable even with US strategies oil release....

Today's pause in the oil stock rally is the precursors for a major jump, May be unstoppable this time.... That is what I see today for most oil stocks.
Market cannot digest $10 jump in the oil and investors waiting to see the pull down by end of today and tomorrow.... Once everyone realize that the oil price is going to stay above $100, things will change big time...... The real major rally is yet to come for all oil stocks.

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