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

Post by gracz11on Jul 19, 2018 11:45am

176 Views

Post# 28338832

Re: 10$

Yes, my $10 is possible, here to happy holding or...trading ?

and Yes to not carring about daily oil fluctuations, even if you look at SGY, people are not selling. :)

https://www.bloomberg.com/news/articles/2018-07-18/why-investors-in-oil-companies-don-t-care-about-crude-s-colla

https://www.bnnbloomberg.ca/market-call/josef-schachter-discusses-surge-energy~1439868

Bullboard Posts

Rig Count Soars as Utilization Surpasses Industry Averages