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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)
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Comment by 2smart4u2on Nov 04, 2018 10:57am
96 Views
Post# 28921031

RE:Political Opinions

RE:Political OpinionsYou are absolutely correct and there should not be any bashing (better not be). On the brighter side of things I'am reading on other boards that Trump is trying to get the Chinese to buy American oil instead of Iran's oil for a trade deal in November. Maybe with that, refineries coming back online, some more oil by rail, shutins,etc we get some kind of a recovery here.



Bullboard Posts
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