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Surge Energy Inc (Alberta) T.SGY

Alternate Symbol(s):  ZPTAF | T.SGY.DB.B

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

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Comment by daniel004on Feb 23, 2017 7:22pm
349 Views
Post# 25886208

RE:RE:RE:RE:RE:Surge Energy increases NAV to $5.47 per share

RE:RE:RE:RE:RE:Surge Energy increases NAV to $5.47 per shareI've held and accumulated SGY for years now. This CEO ALWAYS under-promises, then over-delivers. I have no doubt he is still holding back what he knows about SGY assets. They say don't fall in love with any stock, Okay but what about a CEO man-crush?
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