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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 hobicaton Apr 24, 2016 12:20pm
386 Views
Post# 24803890

RE:RE:RE:RE:I bet SGY gets bought out

RE:RE:RE:RE:I bet SGY gets bought outWell, at a 50% premium I would still have a sizable loss so I personaly would be against a buyout anywhere near these prices. I kind of envy those just geting into this company  because like you I see good gains and dividends after oil recovers. I kind of like the way PC operates and  am hoping for the best.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities