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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)
Bullboard Posts
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(6)
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Comment by davwalon May 23, 2016 7:04pm
391 Views
Post# 24898115

RE:RE:RE:Surge Energy Disappointed In Q1, But Has Its Bases Fully Cov

RE:RE:RE:Surge Energy Disappointed In Q1, But Has Its Bases Fully Cov
with the exchange rate and with there cutbacks and less operating expenses on crews material etc.Would you not think what they are getting for a price is close to 65 bucks a barrel.Sgy will do quite fine mho
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities