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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
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Comment by Kings_kidon Jan 19, 2019 1:15pm
138 Views
Post# 29255607

RE:If crescent point wanted sgy?

RE:If crescent point wanted sgy?I do think something is going on and I think it is possible that a buyout of some kind is coming and being worked on by accumulating in the open market.  In saying that I don’t think it is CPG, they are hurting right now and not in a position to buy, takeout anyone. Just my opinion. 
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities