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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 haywoodjablomieon Nov 09, 2014 10:39am
439 Views
Post# 23111132

RE:From the IV BB

RE:From the IV BB  Great post .  Echos my opinion  . Bloomberg news has lots of good indepth articles on the day by day developments of this Saudi attempt to maintain their U.S. market share .
    If I was a bit more tech-savvy I would post them . I find Bloomberg has way more insight into geo-political situations than our BNN or Mop and Pail boys . You can get it as a free app on androids .
Bullboard Posts