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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 Kings_kidon Nov 05, 2018 6:20pm
164 Views
Post# 28927340

Q3 Results

Q3 ResultsGood evening!

I totally understand all the political frustration and completely agree that the oils and gas sector in Canada is being penilized by our current government. 

However I do think we should be focused on SGY.  Q3 earnings should be out tomorrow and I believe the bottom is in.  I picked up a bunch last week to add to my holdings.  Looking forward to seeing the results of a great quarter!

Have a great night!

Kid
Bullboard Posts