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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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(2)
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Comment by rustycaton Aug 08, 2019 2:21pm
121 Views
Post# 30007938

RE:Bought in Yesterday

RE:Bought in YesterdayHeck, I couldn't even find the date for the  Q2 numbers.  Hopefully, we will see a significant nawing away of the debt, as that is the major stumbling block that is preventing investors from climbing onboard--other than being a CDN Oil company.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities