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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)
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Comment by slacker101on Apr 02, 2014 12:33pm
209 Views
Post# 22400672

RE:RE:Looks like we will be stuck here............

RE:RE:Looks like we will be stuck here............w8asec - I could pick apart your post but I will refrain. However, I know you appreciate the attention so I will point out one error.  If you are a resident in Canada, the dividend tax credit means you pay no tax on your dividend unless your in the top tax bracket where you would pay a little tax.
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Dealroom for high-potential pre-IPO opportunities