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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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(6)
•••
Post by Kings_kidon Jul 01, 2019 7:38am
221 Views
Post# 29877906

Happy Canada Day!

Happy Canada Day!Good morning!

Happy Canada Day to all my fellow Canadian’s!  As much as many of you that have expressed on this board, i’m No fan of our current leader.  However even with him in charge we still live in one of the greatest countries in the world!

so celebrating Canada, but a terrible day for the market to be closed with all the great news as oil is comcerned.  

As of today SGY avg price per barrel is over 67.00 Canadian.  This is where the returns start to compound abs share price should follow if oil stays here or goes higher.

Enjoy your holiday and here is to hoping the moment carries forward!

Kid
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities