Surge Energy Inc T.SGY

Alternate Symbol(s): ZPTAF | T.SGY.DB.B

Energy Oil & Gas E&P

Surge Energy Inc. is an 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. The Company’s operations include Sparky, SE Saskatchewan, Greater Sawn, Valhalla and Shaunavon. The Sparky operation offers light/medium crude oil production with compelling returns. The SE Saskatchewan operation maintains asset base oil operating netbacks. Its development consists of low-cost wells with short payouts and SE Saskatchewan provides 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.

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Surge Energy Inc > WCS VS WTI...

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Comment by downtozeroon Jan 04, 2022 12:46pm

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Post# 34282120

RE:WCS VS WTI...

WCS is the real number they should be using. When they make an announcement, they use a fixed differential in the fine print.

Dec 9th announcement @70 WTI. CF=225, FCF=105, WCS delta 13.00 FX.78, AECO 3.50

Currrently WCS delta is 14.00, FX is .7877 and AECO is 3.79. SInce both WCS delta and FX are worse, they would be a bit short of guidance.

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