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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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(126)
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Comment by Khersonon Nov 20, 2019 10:44am
206 Views
Post# 30373645

RE:Sgy what's going on?

RE:Sgy what's going on?
soundandfury wrote: Typical tradeing pattern of a takeover..........this will need to happen soon imho ........probably private equity will offer 1.50 per share.......its interesting to noye that the market cap of sgy is now less than the 320 million sgy paid for mount bastion acquisition and that acquisition was only 1/4 of sgy production


I totally agree!
Also keep in mind that a poster, whose account has now been deleted, wrote on this SH board a couple of weeks ago that the share price would be walked down to the 80 cent range!
Folks, we are getting close to a buyout announcement!
Kherson

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities