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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 darniton Dec 22, 2014 10:55am
342 Views
Post# 23255809

RE:RE:I assume tax loss a book jiggering time in Canada is over

RE:RE:I assume tax loss a book jiggering time in Canada is over
Your vision is unique. I've not met anyone that shares it. What is most amazing is your apparent lack of discovery that the US, with it's insane inflation calculations, Hedonic Accounting, Manic Monetary Policy, Rehypothecation of Mortgage loans, Credit Card Debit, Junk Bonds and just about anything else that can be packaged has exported it's insanity(once again) to the rest of the World (Although Japan has added a whole new dimension to it). And, as far as your criticism of the crooked Canadian Markets, I can only say, take a look at the US. 40X margin leverage for the Insto Bank traders (plus lack of sequestration of depositor funds for trading). The amazingly incompetent SEC. The control of Congress by Wall Street And, let's not even talk about the front running of every trade by the High Frequency Traders. But let's talk about no transparency on Level 2 in the US, but total transparency in the Canadian markets (except for their quaint adoption of icebergs). You really do have a strange weird vision.
Bullboard Posts