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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)
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Comment by Finantialon Jun 12, 2013 12:19pm
189 Views
Post# 21515759

RE: RE: RE: RE: RE: RE: $7.00 share price target &

RE: RE: RE: RE: RE: RE: $7.00 share price target &

Good point bigbab. But it if doesn't comes to $5.00, the train will leave without you. The best way to do this is buy some more at $5.00 if it happen, which is what i plan. Therefore sellers today are taking more risk.  But your philosophy maybe more right than mine, since the market will be offered more shares. Time will tell.

Bullboard Posts
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