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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 puntabeachon May 06, 2013 4:06am
291 Views
Post# 21341908

COMPARISON

COMPARISON

A new bullish  comparison  favoring  SGY   versus   the  oil-weighted  US  peers  is  out  today  from  SeekingAlpha. You  can  find  it  at  the  news  (Yahoo/ finance)  of  Halcon (HK),  Whiting  Petroleum  (WLL),  Northern  Oil  (NOG),  Oasis   (OAS). 

 

One  more  bullish  article  for  Surge   was  released  last  week  and  it  is  posted  at  the  news  section  (Yahoo / finance)   of   PGH (Pengrowth),  Laredo  (LPI),  Cabot  (COG).  

 

I  do  not  post  any  of  them  here  to  not  abuse  the  board.

I  am  long  SGY.

 

 

Bullboard Posts