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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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Comment by rdwwwon Jan 10, 2020 12:58pm
151 Views
Post# 30539390

RE:Impossible to lose faith in 9% Dividend!!

RE:Impossible to lose faith in 9% Dividend!!wow - which comapny do you think could buy them out w the debt SGY is stickhandling? the mkt has a 'handle' on thier debt and is assuming they can pull it off, but not many companies want to assume that risk in this ultra tight cash enviro for O+G companies do they ?
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities