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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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(37)
•••
Post by Jim12345on Jan 02, 2020 11:38pm
171 Views
Post# 30513885

Good times are here!

Good times are here!Looks like we are getting into a good time starting tomorrow. Imagine if there are 49% shorters and they really get squeezed...
If the oil price rally for a while, we will see a big green.
I was expecting a better move during the Saudi crisis, but institutions managed it very well, probably for Aramco's IPO debut. Let us see what magic happens this time....
Manipulators everywhere....
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities