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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

Bullboard Posts
Post by IronCorkon Jan 04, 2018 11:13am
280 Views
Post# 27279952

Check Out CEA

Check Out CEAGents, hope everyone’s new year is off to a good start. Although Surge hasn’t played out as I was hoping thus far, I’m expecting good things in 2018.

For those looking for a new opportunity, I recommend taking a look at Cerus Energy (CEA). They are a very promising junior who has partnered with Vital Energy on a potentially massive project. Flow rates of the first well will be released this week. I have ears on the ground there and things sound good.  DD is on you, I suggest looking at their news releases over the last year and check out their financing structure.  I’m expecting a huge year for this company.  Good look on this play and all the rest.

Cheers,

Iron
Bullboard Posts