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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 Gandalfon Nov 26, 2014 1:06pm
261 Views
Post# 23166280

RE:Thought SGY hedged oil at $100/b til 2016

RE:Thought SGY hedged oil at $100/b til 2016Moonlight you are member on this board since nov.21,beside systematically bashing i wander what is your agenda pertaining SGY,this stock is down because oil is down is that simple,this stock is partially edge for the balance of 2014 and part of 2015,let's make a bet i buy/add at today price,while you short SGY on the same basis and in one month time you or i will disappear from this board.

Bullboard Posts