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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 blade86caon Jan 08, 2016 2:47am
208 Views
Post# 24439348

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

RE:RE:RE:RE:RE:RE:RE:Surge will live up to it's name real soon!!!UppersDowners - wow your saying your friends who still have a job thankfully in oil industry are still getting paid well ??

I would have assumed most of them would have been forced to take a pay cut or get fired ? unless your friends are borrowing $ to continue to fund their lifestyle. The only oil personnal that I can be sure of that will not only keep their job but continue to give themselves massive pay raises and bonuses is management and BOD ( LTS is perfect example of disgusting management team ) 
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities