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 2smart4u2on Oct 18, 2016 11:24am

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Post# 25355843

Well Report 2nd in Alberta,1st in Sask.

Courtesy Paddler, Group oil & Gas IV

https://www.investorvillage.com/groups.asp?mb=17397&mn=40094&pt=msg&mid=16469931

2nd in Alberta and 1st in Saskatchewan

Notable Saskatchewan Oil Results

The Surge Energy Inc. (SGY-T) Southwest Saskatchewan Upper Shaunavon play

delivered four of the top 15 (including the top two) new wells by calendar day rate and

four of the top 12 calendar day rates among wells placed onstream over the previous

12 months (see Exhibit 15).

Bullboard Posts

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