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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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(16)
•••
Comment by borne2runon May 08, 2019 11:53am
129 Views
Post# 29724707

RE:RE:Something to watch SGY

RE:RE:Something to watch SGY<<  lower interest rate than most fixed rate investments  >>
Really?  Not according to my quote screen. 
Investment grade corporate bonds with a maturity of 5 to 7 years are yielding under 3%, with some less than 2.5%.

Please let me know of some fixed rate investments yielding at least 7%.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities