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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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Comment by darniton Jul 24, 2015 2:37pm
107 Views
Post# 23957882

RE:SGY starting Re-test of 5 year lows now!

RE:SGY starting Re-test of 5 year lows now!
On the bright side, SGY is holding up way better than all the other oils I track. So, perhaps there will be respite for Sergio Oiliophaut. Pharma is also getting splattered on the street, but not quite as bad as the oils....yet.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities