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) > Surge plug on BNN

<< Previous

Bullboard Posts

Next >>

Comment by PreludeSHon Sep 01, 2022 12:29am

265 Views

Post# 34934504

RE:Surge plug on BNN

The fact that Canaccord is even starting up coverage of the E&P sector is great news...hopefully this means the return of the generalist investor into the space. I'm hoping with the Tech meltdown, more money flows back into Oil & Gas, similar to the Tech meltdown in 2001.

ACESover wrote: Mike Mueller energy research analyst for Canaccord had 3 Royalty picks and 2 equity picks. He picked Whitecap and Surge on the equity side. Every plug helps.

ACE$

<< Previous

Bullboard Posts

Next >>

Fortune Minerals receives funding for NICO project development