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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.


TSX:SGY - Post by User

Surge Energy Inc (Alberta)
Bullboard Posts
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(7)
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Comment by darniton Jan 12, 2015 8:00pm
304 Views
Post# 23311660

RE:here is the good news

RE:here is the good news
'they will charge saudi arabia 50 dollars for every barrel of oil imported into america.................that way the usa will save their oil industry and pay off their debt at same time................' That certainly is thinking outside he box. I'm sure Japan and China(to mention 2)would happily just charge $40....
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities