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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
Comment by rabblrouzron Jan 31, 2018 1:30am
212 Views
Post# 27468210

RE:RE:RE:These guys know how too make money

RE:RE:RE:These guys know how too make moneyIs350gg... I'm with you Pal in that sentiment....talk about being paid to wait ! My heirs will wonder aloud, just why I hung onto this thing so long . I'm not even sure myself now of the reason. At one point, it was all about Paul Colborne and his career successes, but he seems to have gone silent. Oh well @ near 20c dividend/share a year, I just need to hang in for another 25 years to get my Investment back .... an impossibility.
Bullboard Posts