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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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Comment by 2smart4u2on Dec 09, 2016 6:51pm
152 Views
Post# 25578918

RE:SGY

RE:SGYI was wondering about that  myself since they hadn't updated their corperate presentations on their website since October, nothing for November. The last few days very light trading indicating mostly retail buying with no institutional support. Usually the big boys run the stock up just before an equity offering so who knows?   As long as they don't merge with anyone.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities