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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 Feb 16, 2020 1:09pm
110 Views
Post# 30697346

RE:Baytex Energy December 4th News Release

RE:Baytex Energy December 4th News Release
Kherson wrote: I would suggest that SGY investors carefully read Baytex's December 4th NR and then connect the dots as to where the "Man of Mystery" has now landed. Hint: his new digs have a very important meeting on March 4th!

Kherson
P.S. I have included a number of previous SH posts that correspond to the chronological order of events of a possible merger. I think that Headwater is our suitor!
Kherson


I was hoping that someone else would notice the significance of the date, that being December 4th, 2019! Those of you who are interested, checked out SEDAR and take a close look at the "Report of Exempt Distribution" reports, filed on December 16th and February 10th!
By the way, someone has been picking up a lot of "flow through shares" lately!
Kherson

Bullboard Posts