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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)
Bullboard Posts
User Avatar Image
(1)
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Post by AyuFanon Jan 15, 2019 3:10pm
200 Views
Post# 29235528

Share Price

Share PriceI don't quite understand the share price action.
Yesterday when oil drops, this thing drops... when oil goes up abit on Friday.. this thing still drop
Now.. oil recovers yesterday's drop + change.. this thing again... Drops...

WCS seems to be moving along with WTI - gap.. so what gives?

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities