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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
Post by WillDiazon Jan 20, 2016 11:38am
185 Views
Post# 24476694

Why SUNE Stock Is Trading at Bargain Basement Prices

Why SUNE Stock Is Trading at Bargain Basement Prices

It’s been a traumatic year for SunEdison Inc(NYSE:SUNE), one that tested the faith of even the most bullish investors. Diehard fans of SUNE stock were stunned into silence as the company lost more than 90% of its value in less than six months.

Talk about a bloodbath. There were days that I was relieved to see a three-percent decline on SunEdison stock, because it was only three percent. It had become commonplace to see the share price slip by more than 10%, reflecting the deep lack of faith investors had in the stock.
How was this possible? How was it possible for a company that had been universally admired for its organizational structure just a few years ago to fall so quickly?
Read More at https://www.profitconfidential.com/stock/sune-stock-ignore-the-bears-sunedison-inc-stock-could-skyrocket/

Bullboard Posts