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 rabblrouzron Jun 02, 2017 12:12pm

211 Views

Post# 26317230

RE:RE:RE:RE:RE:RE:Another Investing Error

Contrary to the old maxim on Averaging Down ie: " don't do it", i sense this is an opportunity that needs to be critically assessed as to having some worth. Never thought we would see these Levels again, but ......I am always being surprised!

BTW, ... gashole, thanks for the mention of CJ, got in at nice low this AM.

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario