Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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
User Avatar Image
(0)
•••
Comment by FSComeauon Dec 11, 2014 4:47pm
365 Views
Post# 23221278

RE:RE:RE:RE:Oil wars of 1986

RE:RE:RE:RE:Oil wars of 1986
Kherson wrote:
FSComeau wrote:
KC8 wrote: McFly123 - you say, "we could see $15 a barrell oil soon".

If this scenario came to be, there would not be one producer that could stay in business.

I've seen some pesemistic predictions, but nothing comes close to your suggested $15 a barrell.


IMO $56 is the absolute minimum it could go.

 

Why $56 a barrel is your absolute minimum?
Kherson




Let's be honest; the price is being kept abysymally low in an attempt to bankrupt Russia/Iran. Canada/US shale gas/Venezual/whatever are side casaulties.

Oil should not be  trading under $75 atm. It is being manipulated under by speculators and when speculators get tired of crashing it, they'll drive it back up to $100. Such it is, and such it has always been, and such it shall always be.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities