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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
Post by honda777on Aug 22, 2015 12:39am
278 Views
Post# 24042380

Financial Post

Financial PostA story in the Post today predicts oil going to $20 and maybe even $10. Many investors will lose everything. When SGY was $8 I stated that my cousin, a CEO at an oil refinery in New Orleans, told me this was to happen, and to sell and short. Many put me on ignore for putting false info out. Well I listened to him, became rich, and to those ignoring me, HA HA!!!!!!!!!!!!!
Bullboard Posts