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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 neugruftion Apr 08, 2014 8:23pm
266 Views
Post# 22427547

RE:I've had enough....brutal

RE:I've had enough....brutalSomeone hates the oil money...

I'm up 6% in under a year on my original investment (sadly not in at the lows), so I have nothing to complain about, getting in before the majority of dividend increases means my yield on investment is pretty stellar going forward.


Bullboard Posts
Dealroom for high-potential pre-IPO opportunities