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.

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Surge Energy Inc (Alberta)

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Comment by testfreakon Dec 18, 2014 11:30pm

310 Views

Post# 23247527

RE:RE:RE:RE:RE:RE:RE:RE:Oil knockdown today

V.NS ! Massive insider buys and 24 million share BUYBACK starts end of year on open market! Producing 490Boe a day and 0.04$ share. Insiders own 40%!! Big news today .10 private placement. Insiders bought 1,000,000 shares yesterday!! Drilling 3 or 4 pad wells next 1/4!! Rock bottom buy V.NS!!

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