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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)
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Comment by Kings_kidon Nov 03, 2019 2:28pm
110 Views
Post# 30302579

RE:Looking for the down trend to continue

RE:Looking for the down trend to continue

Good afternoon all!

Hope everyone had a great weekend!

Pennystokjunky, I don't understand why you are on this board, please enlighten me?

The truth is, the rise or fall of SGY share price largely relays on tomorrow's earning report.  I'm hoping for good results based on the hedges in place and oil price over $55.00 for the most part this past quarter.  We shall see tomorrow.  I do believe there are better days a head.  

Good luck to all the longs!

Kid

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities