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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 invest888123on Jun 28, 2018 11:11am
119 Views
Post# 28244590

price targets increased avg over $3.25

price targets increased avg over $3.25

Surge Energy (TSE:SGY) had its price objective raised by Canaccord Genuity from C$3.50 to C$3.75 

Surge Energy had its price target raised by analysts at National Bank Financial from C$3.00 to C$3.25

BMO Capital Markets lifted their target price on Surge Energy from C$3.00 to C$3.25

Surge Energy (TSE:SGY) had its target price boosted by investment analysts at CIBC from C$2.25 to C$2.75

Bullboard Posts