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 darniton Dec 30, 2014 10:50am

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Post# 23271834

RE:RE:RE:RE:RE:2015 budget release date?

Largeinvestor, thanks for the back of the envelope calcs. Guess we'll see how Paul allocates in a couple of weeks. I would expect a fairly hefty January effect this year that should spill over to some of the downtrodden Oil sector. I do wonder, however, if the E&Ps will be treated differently than the DivCos. When you create a Company profile in the CPG model of a Dividend Pig, and the dividend gets severely smacked, will the stock fall inordinately out of favor as investors jump off? I dunno.

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