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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 SuperBrownManon Feb 12, 2013 12:44pm

110 Views

Post# 20975275

Dont understand why target price was cut on Jan 21

Anyone know the detailed info. for cutting target price?CANADA RESEARCH ROUNDUP:(6:12PM ET on Monday Jan 21, 2013)by Thomson Reuters - Surge Energy: TD Securities cuts target price to C$5.50 from C$7.50; rating buyCIBC cuts price target to C$6 from C$9; rating sector outperformerRaymond James cuts to market perform from outperformRaymond James cuts target price to C$5.50 from C$8.50

Bullboard Posts

From now on, dynaCERT instead of Bitcoin or NVIDIA?