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Saturn Oil & Gas Inc. Announces its First Development of Cardium Wells at Brazeau and Continued Successful Development (click to learn more)
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Surge Energy Inc T.SGY

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

Energy Oil & Gas E&P
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

Surge Energy Inc
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Post by llerrad5on Jul 14, 2022 11:54am
205 Views
Post# 34824343

Oil prices and USA stategic reserve levels

Oil prices and USA stategic reserve levelsThe USA strategic reserve was 585 Barrells 5 months ago.
It is now 480 bls.
Projected to drop to 370 Bls. by October.

At some point they will need to start re filling it.
That projects much higher prices for 2023/24.
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Dealroom for high-potential pre-IPO opportunities