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Surge Energy Inc T.SGY

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

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.


TSX:SGY - Post by User

Post by zack50on Jul 06, 2022 12:09pm
181 Views
Post# 34805274

Right now, it's downright painful...

Right now, it's downright painful...It's hard not to be frustrated when we see a lack of stock price participation in SGY and other energy stocks in relation to the price of oil and gas.

From all I read, the fundamentals seem to be strong. For whatever reason, the market sentiment sees it different. Nothing makes sense, so I'm giving up trying to make sense out of it.

Nothing to do but conrol our emotions until the turnaround... hopefully soon!!

Cheers!


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