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.

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Surge Energy Inc (Alberta)

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Post by gracz11on Nov 28, 2018 2:16pm

89 Views

Post# 29034964

Re: reality

Yes and everybody will switch from using oil to pot. Pot powered cars, plastics mad from pot, and everything will be so saturated with pot that one becomes second hand pot inhaler just by driving them. Mr.DressUP -Trudeau, thinks that he can switch from oil revenues to pot revenues - think again.
With auto industry gone, OIL is our only chance!
Reality check, oil is still essential in our lives.
The recent meltdown is not encouraging but it is not disastrous.
What doesn't kill you makes you stronger.

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