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)

Bullboard Posts

Comment by honda777on Jan 06, 2016 6:32pm

167 Views

Post# 24434748

RE:RE:RE:Surge will live up to it's name real soon!!!

You ask what this will drop to if the Div is cut. If it gets totally eliminated it will drop off the TSX for sure as it will go under a buck on the Venture. Then kiss all the $$$$ goodbye. They may split to keep the price up to stau on the TSX. Thank God I soll all way back @ $8 and shorted SGY to $3. Hands are all clean of this garbage now!

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