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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 Dec 01, 2015 4:07pm
224 Views
Post# 24344307

RE:RE:To Surge Energy Holders...

RE:RE:To Surge Energy Holders...
So very right... too bad he doesn't realize he is preaching (ranting) to the Choir...many of us share his angst to a certain degree, but SGY is poised now for the long-term Investor... December is the time to determine if that fits for you, otherwise move on by taking a Tax Loss and get on with Life, is my mantra!
Bullboard Posts