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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
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(7)
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Comment by darniton Dec 17, 2014 11:05am
217 Views
Post# 23239934

RE:RE:Oil is doing its thing again

RE:RE:Oil is doing its thing again
Yes, the sector is wildly erratic. I thought SGY was moving very significantly, then I looked at my screen of Bakken producers and SGY was just in the middle of the herd today. Lots of action everywhere today. Nevertheless nice move on SGYs part over the last two days.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities