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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 Khersonon Jun 19, 2019 6:41am
147 Views
Post# 29838880

RE:Anyone who owns sgy shares

RE:Anyone who owns sgy shares
soundandfury wrote: Should look at the list of directors and chairman of sgy board........this board is stacked with lawyers and takeover and acquisition specialists.......the chairman of the board biography shows he is a takeover expert........of all the people on the board only two are oil men and i believe on of those is stepping down https://www.surgeenergy.ca/about/directors/


Excellent point!
Kherson

Bullboard Posts