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 Nov 23, 2016 12:58pm

279 Views

Post# 25503098

RE:OPEC Meeting Results

Nesokuljic wrote: They're going to deliver a freeze in output, and on Nov 30, oil will be at $55

Nows the time to get into SGY. Lets see this baby hit $3.50 by mid december.

People have mostly ignored Iraq's statement today that they are on board for a cut and believe they will make up more than the difference by increasing revenue on their remaining production.

Iran is the last obstacle.

Bullboard Posts

From now on, dynaCERT instead of Bitcoin or NVIDIA?