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 tsxguyon Feb 11, 2014 11:42am

246 Views

Post# 22195516

RE:RE:RE:Volume

that's a no brainer however forward looking in BOTH commodities being oil and metals, the case to pump forward looking is a moot point as we have todays valuations as a trade forward surety and PEs are merely forward guessing at future base commodity prices, AND THE POINT IS METALS ARE THE FLAVOUR OF THE MONTH
I think I understand just fine thanks AND IF WE WANT TO GET TECHNICAL THE TTM FOR Surge vs. 1 year ago is (-1,040.14%) And I bought this for growth primarily not the divy GLTA

Bullboard Posts

Paramount Resources signs $3.32 billion asset sale