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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 taman1on Mar 12, 2014 11:18am
421 Views
Post# 22313374

RE:Here comes da boom....................

RE:Here comes da boom....................Yup it appears so. Get it done Colborne so that the merged share price can head up without this uncertainty. I have over 6 times more LNV than SGY and should have sold all my SGY to get more LNV but thought they might push SGY above $6 first but then they depress SGY to LNV level and there is always a chance nothing will happen again.

Nevertheless we are in these stocks for the divs and longer term ..so who know sp in 6 months ..I guess higher and this will be history
Bullboard Posts