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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 philip3on Sep 28, 2015 9:32pm
212 Views
Post# 24143418

RE:From Gmp Capital

RE:From Gmp Capitala good report, now read the fine print: (Can you spell BIAS??)

Company-Specific Disclosures:
1 GMP has, within the previous 12 months, provided paid investment banking services or acted as underwriter to the issuer.
2 GMP is a market maker for the securities of the subject issuer.
3 GMP owns 1% or more of this issuer’s securities.
4 GMP Securities, LLC, an affiliate of GMP, discloses the following in relation to this issuer as required by the Financial Industry Regulatory Authority (“FINRA”) Rule 2711: as applicable.
5 The analyst is related to an officer, director or advisory board member of the issuer, but that individual has no influence in the preparation of this report.
6 The analyst has visited the operations of this issuer. The issuer and/or GMP clients paid all or a portion of the travel expenses associated with the analyst’s site visit to its operations.
7 The analyst who prepared this report has viewed the operations of this issuer.
8 The analyst who prepared this research report owns this issuer's securities.
9 A member of the Board of Directors of the subject company is also a member of the Board of Directors of GMP Capital Inc., but that individual had no influence in the preparation of this report
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