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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 Dec 16, 2019 10:10pm
218 Views
Post# 30461885

RE:Merger or takeover possibilities

RE:Merger or takeover possibilities
trevorjplows wrote: I have noticed during my recent vacation in the penalty box that a number of posters are coming around to the possibility of a buyout. If memory serves me correct and it does Kherson was the first to expound on this and was taken to wall by the likes of faithless Joe of many faces , his alter ego fake Trevor and their buddy old Yeller. I believe he is right and it seems many are coming too a like conclusion. I have had issues in the past with Kherson on the Che board and on that score we will never agree , but when somebody posts credible information like he has on the SGY board  , i i at least will give him credit where credit is due. In regards to the other two tag teamers a great new handle like Dumb and Dumber would be so much more appropriate. Cheers to most of the board  Trevor


Thank you Trevor. You are a good friend and yes friends can completely disagree on a subject and still be friends.
My concern with SGY is not the buyout scenario itself, but how certain manipulators behind the scenes used StockHouse and BNN to spread fear and convinced many shareholders to sell. I firmly believe that this issue needs to be addressed when buyouts do occur. 
The Regulators need to start doing their jobs.
Kherson 

Bullboard Posts