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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 blade86caon Jun 29, 2015 1:55pm
198 Views
Post# 23877700

RE:RE:RE:CFO Gone

RE:RE:RE:CFO GoneI am not sure if I see this as an anger firing , If CEO and BOD knew they wanted to get rid of their CFO for a while they would have taken time to find replacement CFO before LOF leaving I cant see management of this caliber making decision based on emotion without properly thinking things through. My thoughts are LOF did not get fired but probably didn't like working there for personal reasons and finally found another job elsewhere.
Bullboard Posts