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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 cenderon Nov 11, 2015 6:26pm
155 Views
Post# 24282772

RE:The world will be a better place soon

RE:The world will be a better place soonI dont think the saudi's will be able to untangle themselves from syria and yemen  , they have thrown tens of thousands of  young mens lives at    that ill thought out adventure  ... result has been failure  so far and a  domestic population that is quickly growing tired of the immoral scoundrels ruling over them . Couple that with American foreign policy shifting away from having close ties with the kingdom  and you have a recipe for real fireworks - Iran is just itching for payback from years of saudi abuse in the form of creating a violent revolution inside saudi arabia .  Given the u.s state department  policy seems to be destabalization in each country visited so far ...why not saudi arabia for a grand finale ?
Bullboard Posts