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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 Finantialon Aug 22, 2015 9:27am
216 Views
Post# 24042567

Keystone already in the ground

Keystone already in the ground
Talking about 100% shark-manipulation as Roverthing wrote. I spend the summer vacationing in Europe, and I met the head engineer for the Keystone Pipeline. He told me that Keystone has been in the ground for 2 years! Why dont we know this I asked? Because its political he answers. I was shocked, however I work in the recycling industry and I cannot believe the bull the politician are feeding the public, like 54% recycling rate, while the reality is 5% in a certain location. If this BS can happen in the industry well known to me, what is happening to other industries is the same. Therefore I am not that surprise for Keystone. And I am also not surprise of the bull the analyses are feeding us. If I remember correctly Paul Colborn mention in its presentation, this is not 1986, where oversupply was 25%, we are at no more than 3%, and we are at a level never seen before since 1986! Something does not add up. It has to be 100% shark-manipulation.
Bullboard Posts