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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 fortunefavorsuson Feb 07, 2022 7:09pm
179 Views
Post# 34406788

RE:RE:RE:Phil Flynn oil headed higher

RE:RE:RE:Phil Flynn oil headed higher"Could be him trying to get a larger position (he hates surge) but he likes making money."

I started trading Surge about 6 years when they bought some assets from Penn West which I was unfortunately heavy invested.   I have been in Surge off and on over those years but was never a major position until recently.  Was it Nuttall who seemed to dump on the stock all the time?  I don't even remember what his major beef with the company was at the time.  Faintly remember he didn't like Colborne must have been something that happened years before.
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