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 Kings_kidon Mar 11, 2014 9:30am

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Post# 22306964

RE:RE:RE:Mkt Manipulation

Serge,

As of yet SGY has not made an announcement as to when they are going to report there Q4. Most places I look I find the same date March 20th. The high estimate I find is 6 cents/ share, the low is 2 cents/share, the avg being 4 cents/share.

As for when the LNV is going to play out, really I have no idea when that is going to happen. I tend to think it is going to happen, however there is still the real possiblitly that they just keep there 20% and collect the Div. Things are pretty up in the air at this point.

Kid

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