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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 rabblrouzron Nov 23, 2015 4:14pm
177 Views
Post# 24317235

RE:RE:RE:RE:RE:RE:Surging

RE:RE:RE:RE:RE:RE:Surging
Our politicians in Canada cater to Corporate, Special Interest Groups and have little regard for the ordinary dis-interested Canadian whose only pre-occupation is holding a job and watching his hockey game! Co-incidentally, he is the same guy who is merely inventoried as the Labour component, subject to paying the toll.... ie Taxes. To the Media types he is the Consumer, but unlike the US where the Consumer is well-regarded and somewhat insulated from inordinate gouging, in Canada, the Politicians are in it for their slice in company with their Strategists, be they Corporate or Social Engineers. I learned one time in macro-economics that a Countries population is merely its Inventory... to be manipulated by the Powerful.... and so it is! No recall, and no right to dissent from the Agenda, except at Election time.... and unfortunately, too many are easily swayed by varying factors.... many of them bribery promises!
Bullboard Posts