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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 Oct 29, 2019 8:45am
79 Views
Post# 30280476

RE:I like this stock.

RE:I like this stock.
Jim12345 wrote: At this point, I like this stock. It really sucked us all for a while with long holds. But if are in a position to buy at this price and average out your expenses, it is going to be really rewarding soon....

I am expecting a not too bad Q3 report coming out on Nov 3rd. let us sit tight.....


I totally agree!
Kherson

Bullboard Posts