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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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(36)
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Post by powermanon Feb 12, 2019 11:01am
111 Views
Post# 29352668

SP is being walked down

SP is being walked downAll the better for me. Just bought another 12000 @ 1.23 and will keep watching to continue buying at these bargain basement prices. Not sure who is doing this or why but eventually they will have to buy back shares and it will be time to take profits. DF 
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities