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Surge Energy Inc (Alberta) T.SGY

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

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

Bullboard Posts
Post by valueplaysonlyon Jan 31, 2013 5:09pm
264 Views
Post# 20920318

short bear attack

short bear attack

Not  just on  SGY,  but   PWT, ERF,  FEL, ZAR, LNV.  Price of oil is where it was in September when al lthese stocks traded much higher.    when the hedge funds want it  they  destroy the share price first and wipe out the retailers..  Im  buying   puts   and  collecting on the carnage.

Bullboard Posts