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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 Jul 27, 2015 12:13pm
225 Views
Post# 23963211

RE:SGY down 70 % so far....why no strategy?

RE:SGY down 70 % so far....why no strategy?I warned many, when this was over $6, that this was going to happen, from info I recieved from a cousin CEO in the oil business. All responses were negative and many put me on ignore for the negativity. Well it looks good on them, amd I am a proud man to become richer from it all. Pumping is not the way to always go. There are times to open the eyes. Being ignored by losers is a great compliment. Enjoy!
Bullboard Posts