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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
Comment by powermanon Jan 30, 2019 1:41pm
81 Views
Post# 29297274

RE:RE:RE:Mr Socks

RE:RE:RE:Mr Socks Conservative Alberta Premier Ed Stelmach introduced carbon taxes as a way to fund carbon reduction projects. He was roundly criticized by party faithful and industry leaders so very quickly dropped it. Our current NDP Premier campaigned on improving the world image of oil sands and reducing the environmental impact of oil sands products in part by reintroducing a Carbon Tax which was also on the federal agenda. Home owners like me get small carbon tax rebate to compensate for the increased cost to industry. Industry can tap this resource for carbon reduction projects. Schools and kids are getting the money right now. No problem, They will probably have to clean up the mess industry leaves behind. DF
Bullboard Posts