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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 Lallion Aug 25, 2015 11:15am
125 Views
Post# 24048969

Sgy will get about five on its own

Sgy will get about five on its own Stock market is an allusion it's all about fear and greed now you are witnessing what's taking place with this fake crash it's well orchestrated blame it on the Chinese blame it on Greece, but that's all it is .  We will get a three day reversal and selloff on Friday that's the buying opportunity at the end of the day and another two updates to follow .  Energy has bottomed and we should start to see a recovery meaningful recovery . 
Bullboard Posts