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

Comment by McGlovinon Feb 20, 2013 8:11am

381 Views

Post# 21014574

RE: RE: RE: SGY vs. TORC (Mr. Nutty's top pick)

Wrong sector wrong time to have any questions or negativity surrounding you. Either put on the big boy pants and ride this out....which could take a while or sell take your loss and move on. Pretty simple options. I for one will hold and add if it gets into the 2's. To much intrinsic value here to keep it down forever.

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario