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)

Bullboard Posts

Comment by gopatson Dec 19, 2014 10:49pm

325 Views

Post# 23251927

RE:RE:RE:RE:RE:RE:RE:Dividend cut inevitable

It is in his name yes but it is not consistent with other purchases he has made in the past so it looks to me like those buys were company generated (part of his compensation) When Paul buys he tends to buy in much larger purchases.

There was another insider marker today. Insiders remain extremely confident. I sleep well with SGY.