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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 honda777on Jan 10, 2015 9:14pm
302 Views
Post# 23306455

RE:Two more join in a growing chorus

RE:Two more join in a growing chorusThey have been trying for a couple weeks now and were told to go pound salt by the Saudi's and others. OPEC is dead. They can stop pumping altogether, and the Saudi's and others will pump more. But they would not lose all them dollars with no oil being sold. 2 lame ducks. Oil is going to $30 to $40 regardless what they want. They evem said it is politics. HELLO!!! Anybody home for these dictators. Listen for more tears from them as it keeps dropping. Poor babies.
Bullboard Posts