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

Post by Windyhillon Mar 22, 2016 7:56am

439 Views

Post# 24686794

T.SGY - BNN Guest, Michael Giordano VET,TOG,SGY 17/03

VET,TOG,SGY
BNN -
Investors who want exposure to oil already likely own major producers such as Suncor or Canadian Natural Resources. But one money manager says these intermediate producers are a good place to wait out oil's slump. Michael Giordano, Vice-President of Investments at Stone Asset Management, explains.

https://www.bnn.ca/Video/player.aspx?vid=831071
Cut and Paste

Did not see this coverage on the Bullboard.

WindyHill

Bullboard Posts

Dollar Tree CEO Rick Dreiling steps down as discount retailer struggles