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) > Shubhams point of view Surge re formation/reservoir

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Comment by VeritasVernon Sep 13, 2023 3:57pm

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Post# 35634607

RE:Shubhams point of view Surge re formation/reservoir

As long as oil holds above $80-85 it looks good. Im showing a cap gain of 12% with a divy of 5.6% not too shabby. If oil supplies relative to demand continues to tighten in Oct - Dec we could see $95-105 oil and larger cap gains but with locked in dividends.

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