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.

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Surge Energy Inc (Alberta) > OPEC+ gives Biden and the EU the finger

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Post by VeritasVernon Apr 03, 2023 10:39am

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Post# 35376050

OPEC+ gives Biden and the EU the finger

Good to see WTI back to $80. Foolish foreign policy is driving Russia to have closer alies and shifting trading patterns with China, and the Middle East countries to the detriment of US and EU policy. Oil up 6.5% today alone tells us that OPEC+ is back in control of the markets. I guess the $60 price cap on Russian oil is now mostly ineffective with the shift in trade and prices at $80+.

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle