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):  T.SGY.DB.B | ZPTAF

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

Comment by PreludeSHon Aug 18, 2023 12:01pm
131 Views
Post# 35594990

RE:RE:RE:RE:RE:Scratching my head…

RE:RE:RE:RE:RE:Scratching my head…Im actually all for the oil and gas industry...PP is my guy.  I oil and gas as much as any Texan and Albertan and I hate far left environmentalists with a passion.

My perspective however is more from a shareholder view.  I do believe the enevitable will be reduction of oil and gas over the long term, and hence as a shareholder, I want a higher return on my investment.  Tamarack Valley and Surge's acquisition strategy to grow always results in shareholder dilution.  Thats what Im against. They always talk about the bargain prices they make, but at the end existing shareholders always get diluted. 


<< Previous
Bullboard Posts
Next >>