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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 Sittingbull11on Feb 06, 2019 3:47pm
285 Views
Post# 29328262

Clearly a controlled stock price..........

Clearly a controlled stock price..........This is ridiculous. Outrageously high volume BID/ASK amounts. 25% average trading volume. Obviously, there is a concerted effort to buoy up the price. Numbers don't lie. Something is going on that we, the retail investor is not being told. @ 25% of trading volume, with obscene bid/ask, clearly, this is not good. So much for "free" market....
Bullboard Posts