Surge Energy Inc (Alberta) T.SGY

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

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.

TSX:SGY - Post by User

Surge Energy Inc (Alberta)

Bullboard Posts

Post by yameon Jan 10, 2013 2:44pm

279 Views

Post# 20821758

Fibonacci

I bought at 5.48$(stupid i was!) at that time it was Fibonacci`s low. After these 2 days , now fibonacci shows 4.58$. If the stock closes today and tomorrow above that, the next level of recovery will be 5.51. I do not think the stock got pounded because of Nutall(he is not the tsar of the Market), i only hope management inquire who was that `big iceberg seller` of last week.

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario