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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
Comment by tsxguyon Feb 25, 2014 11:24am
232 Views
Post# 22247838

RE:RE:RE:What a MUTT this stock is

RE:RE:RE:What a MUTT this stock isThey are trying to replicate wcp without the rock solid management and low decline rates of wcp, not to mention wcp , cpp investment
he's a wanna be and I can't really find his stellar track record they speak of its more someone attempting to duplicate what others actually pull off
Bullboard Posts