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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 TabulaRasaon Jun 26, 2014 1:05am
479 Views
Post# 22695633

RE:Down again is not good

RE:Down again is not goodI think its time you take an extreme rest, I'm not payed by anyone and stand behind all of my previous statements. Since when is consolidation a bad thing? You have a company that's paying you a great dividend and plans to increase production and the dividend in the upcoming year. A wise investor would understand that they may have payed more for their ticket but they didn't miss the boat. If you don't like what SGY's doing then I suggest you hit the slopes. FACT. GLTA and wish everyone the best on the investments they make
Bullboard Posts