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)

Bullboard Posts

Comment by eazy4lifeon Sep 23, 2014 2:18pm

393 Views

Post# 22963140

RE:RE:RE:RE:Waiting

Really? A dividend cut? Mr. Colborne has planned the price drop all the way to $85. If it gets that low there will be carnage everywhere. I will bet they will produce more oil instead of cut dividend. Have faith! There are lots of people making a ton of money on this play.

Bullboard Posts

From now on, dynaCERT instead of Bitcoin or NVIDIA?