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Bullboard - Stock Discussion Forum
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 (E&P) company. The Company's business consists of the exploration, development and production of oil and gas from properties in Western Canada. It holds focused and operated light and medium gravity crude oil properties in Alberta, Saskatchewan and Manitoba, characterized by large oil in place crude oil reservoirs with...
low recovery factors. It offers exposure to two of the five conventional oil growth plays in Canada: the Sparky and SE Saskatchewan. It holds a dominant land position and is drilling a mix of horizontal multi-frac and horizontal multi-lateral wells in the Sparky area. Sparky is a large, well established oil producing fairway in Western Canada. SE Saskatchewan is a focused operated asset base with light oil operating netbacks. SE Saskatchewan operates low-cost wells with short payouts and offers potential for continued area consolidation.
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Carjack
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on Nov 18, 2023 12:02pm
Russia's 'ghost ship' oil tankers face crackdown at sea chok
Russia has been using so-called "ghost ships" to skirt the West's oil price cap. The EU plans to ask Denmark to crack down on those tankers, according to the Financial Times
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on Nov 17, 2023 6:12pm
It's better to buy oil than equities right now for a cheap g
https://youtu.be/G9DX6uX_CAo?feature=shared
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Carjack
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on Nov 17, 2023 3:37pm
Oil Prices Today: Crude spikes as Saudi Arabia extends produ
US and international oil prices jumped on Friday by more than 4% after a week-long slump. Saudi Arabia is considering prolonging production cuts into 2024, the Financial Times reported. OPEC
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on Nov 17, 2023 3:14pm
US drillers add oil and gas rigs for first time in three wee
Nov 17 (Reuters) - U.S. energy firms this week added oil and natural gas rigs for the first time in three weeks, as the oil rig count rose by the most since February, energy services firm
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on Nov 17, 2023 3:11pm
OPEC+ to consider whether more oil cuts needed - sources
OPEC+ is set to consider whether to make additional oil supply cuts when the group meets later this month, three OPEC+ sources told Reuters after prices dropped by almost 20 percent since late
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on Nov 17, 2023 1:44pm
Oil Short sellers
Covering their positions heading into Sunday opec meeting. Saudi warning shorts not to bet against them.
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on Nov 17, 2023 10:26am
$72/bbl 'feels like a bottom' for oil prices: Strategist
https://youtu.be/6Lr21H5V0pI?feature=shared
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on Nov 16, 2023 5:38pm
Oil Futures Spreads Signal Market Moving Toward Oversupply
(Reuters) — Spot global crude oil futures traded at a discount to longer-dated contracts this week for the first time in four months, a signal that traders believe the market has become
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VeritasVern
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VeritasVern
on Nov 16, 2023 1:12pm
crazy funk, oil drops 5.6% today alone.
I bought more as the decline is clearly overdone but not sure if the decline continues tomorrow being a Friday. What a shlt show. Should be a good pop up if the fundamentals show tightness.
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Carjack
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on Nov 16, 2023 12:19pm
Oil prices plunge amid US inventory surge and China demand w
Oil prices plummeted on Thursday, thanks to a recent boost in US crude inventories and concerns that demand in China will continue to soften. Brent crude, the international benchmark, slid
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on Nov 16, 2023 9:02am
How a dark fleet of ships are helping Russia evade oil sanct
After 18 months in the war with Ukraine, the effect of Western sanctions is fading on the Russian economy, notably on the federal budget’s oil income. The country had found ways to circumvent
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on Nov 16, 2023 8:57am
Israel orders residents from southern Gaza towns, raising fe
Israel ordered civilians to leave four towns in the southern part of the Gaza Strip on Thursday, raising fears its war against Hamas could spread to areas it had told people were safe. In the north
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on Nov 15, 2023 6:33pm
Very likely after watching apec interviews with US officials
Saudis Could Extend Production Cuts Well Into 2024 Saudi Arabia may extend its voluntary oil output cuts into the first quarter or the first half of next year, Reuters cited Energy
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on Nov 15, 2023 6:19pm
Bnn market call surge mention
https://www.bnnbloomberg.ca/market-call/full-episode-market-call-for-wednesday-november-15-2023~2804738 12 minutes in
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