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.

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Surge Energy Inc (Alberta)

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Comment by eazy4lifeon Jul 12, 2014 2:38pm

423 Views

Post# 22739526

RE:RE:From Canadian Insider

So nothing in between? Either strike it big, or sell pieces of the company? Another reason why I make my own decisions and don't listen to "advisors". All the way from selling assets to very successful? What a clown. Just wait until the track record gets more established. This company is going up and this is the bottom floor. Mr. Colborne has stated they have planned for the dropping price of oil down to $85. If it goes there we will see who will be in trouble. Do your own due diligence. Don't listen to the clowns.

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