Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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, 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

Post by zack50on Jan 17, 2023 5:02pm
433 Views
Post# 35229232

SGY Marketing Presentation... hosted by Adelaide Capital.

SGY Marketing Presentation... hosted by Adelaide Capital.In case you missed it... recording of Surge Webinar... 01/17/23

https://us02web.zoom.us/rec/share/8F48Z0qpzlVaWU4vzEjeqwImYXUDarC1-9AdDdtocnr3pu86dQviEN7rY-VSXs27.IwNduUbYDJZh_4rd

The passcode is: 
h!KJL?d5

Surge is going to be a top performer because of:

* Asset quality... light/medium oil
* Net asset value = $24
* Best FCF yield in peer group

* Excellent production efficiency
* 2 of the top 4 oil plays in Canada
* Great balance sheet

* 28% FCF out to shareholders
* 1.5B in tax pools... > 4-years
* Cormack Securities #1 top pick

* Giltedge offers great upside
* Sparky and SE Sask flourishing
* Numerous institutions now involved

Cheers!



<< Previous
Bullboard Posts
Next >>