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

Comment by Khersonon Feb 12, 2020 11:26pm

113 Views

Post# 30683392

RE:six bits

jackhacket wrote: 75 cents is my magic number for buying shares in this company. if it doesn't go that low it will just be a case of nothing ventured, nothing gained. and that's better than i've done on most of my oil trades over the years.

there is no shortage of fallen angels in the oil sector right now so there is no rush.

measure twice, cut once.

Posted December 3rd, 2019!
Very interesting timing as this was Jack's first post on this SH board!
Kherson

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