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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 Sep 14, 2019 8:39pm
113 Views
Post# 30127688

RE:Shorts as of Sep 9th

RE:Shorts as of Sep 9th
Dibah42 wrote: SGY   9,760,638  after a net change of -3,472,731  (lucky ba$tard$ who got away.  Did they know something was in the offing?)


Very good question! I am sure that someone, somewhere knew this in advance and are taking advantage of that information. 
Kherson

Bullboard Posts