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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 Windyhillon Aug 26, 2015 2:03pm
225 Views
Post# 24053244

Valhalla 10-07 Smoking ~ Trivia ~

Valhalla 10-07 Smoking ~ Trivia ~It was reported in the last news SURGE (T.SGY) release that Valhalla10-07 well has now produced over 56,000 barrels of oil in 26 days. This is 2154 Barrels a day.

February 13th 1947, Luduc #1 Produced 1000 barrels per day.
Question: Anyone knows what is the bpd record in Canada & USA ?

WindyHill



Bullboard Posts