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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)
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Comment by Johnnysbackon Apr 17, 2017 7:31am
265 Views
Post# 26126650

RE:RE:RE:RE:RE:RE:What a drop !

RE:RE:RE:RE:RE:RE:What a drop !I have seen spartan, I know its good, but SGY pays divi so thats why Im in it. Going to take time for Canadian oils to get out of this slump, Im not sure what the catalyst is but I think there could be some buyouts coming with these supressed share prices.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities