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 JohnnyWangon Feb 03, 2014 12:53pm

232 Views

Post# 22166302

RE:RE:9% plus Dividend

The last time this stock dropped simliar to this was right before they announced the last deal. So I am wondering if they actually did purchase some of the land from PWT and will announce it tomorrow with the closing of previos deal? Maybe there is another financing coming below the $6.30 price of previos deal??

Bullboard Posts

From now on, dynaCERT instead of Bitcoin or NVIDIA?