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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
Comment by monzieon Feb 15, 2013 10:25pm
230 Views
Post# 20999036

RE: RE: RE: RE: RE: Eric Nuttal on BNN tonight....

RE: RE: RE: RE: RE: Eric Nuttal on BNN tonight....

Well technically the stock went up to $4 the very next day after he said to hold or as you like to put it sell, today was a very bad day for all energy stocks.  But welcome back bigbab/bankerboy nice touch with the double b names hopefully you've given up the lie that you're actually a shareholder.  Oh and by the way your beloved Nuttal's top pick that day,Torc Oil, is down 15% since he fist pumped saying strong buy, White Cap is down 5% (his other top pick of the day)  dare I go on? Heck he was promoting Poseidon when it was $13 a share, saying that the "dividends are extremely secure for a couple of years" a couple months before the dividends were suspended.  So yes today was a bad day all around (Poseidon, long weekend, Obama not talking mentioning anything about Keystone yesterday etc etc) but Surge was at the same price at yesterdays close when Nuttal said it was a hold.  But keep up the great work bankerboy

Bullboard Posts