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

Comment by rayjd93on Oct 19, 2016 10:26pm

310 Views

Post# 25364064

RE:RE:Breakout

2smart4u2 wrote: "we are awash in oil and will never see the highs
again in our lifetime."

Yeah, Dennis Gartman from CNBC lost his life for uttering such.

One of the biggest clowns on TV:

https://news.forexlive.com/!/wti-hits-the-gartman-level-20160420

His TV personality is bought and paid for by people manipulating the market. He actually does make money on his own, but you'll never hear a truly honest word out of his mouth in the media.

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