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Surge Energy Inc (Alberta) T.SGY

Alternate Symbol(s):  ZPTAF | T.SGY.DB.B

Energy Oil & Gas E&P
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

Surge Energy Inc (Alberta)
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Comment by jerrybeon Oct 20, 2015 10:30am
187 Views
Post# 24208249

RE:Insider buying?

RE:Insider buying?When looking for signals from insider trading, only look for open market purchases. Those are the instances where the insiders take some of their own money and buy more of the stock of their company. When it is "ownership rights awards", etc. It is a form of compensation and not a sign of insiders thinking it is underpriced.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities