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 Johnnysbackon Apr 12, 2017 3:19pm

155 Views

Post# 26114261

RE:RE:all this Buying Support

GrainOfSalt wrote: About a week now where volume has been at least double average volume. Got to be something up you gotta think. This stock is way undervalued to begin with so good to see the up up up in the SP. Slowly getting the moving averages creeping upward.

I bought 67,000 shares today... I think something is up and perhaps it gets bought out. it could be done for a reasonable amount, and the market cap is about right for a buyout... 50 billion dollar companies dont get bought but 1 billion do.

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