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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
Post by DBNORTHon Mar 18, 2020 4:13pm
92 Views
Post# 30823317

When do we get our cash bailout?

When do we get our cash bailout?Its pretty simple, when do we get the support that we need.  Hundreds of thousands of workers that need federal support that everyone else will get?  Not money to train to be burger flippers or "computer engineers" but to keep the oil industry afloat until better times.  Gretta got her wish.  Watch AC get a bag full of money while we get a token tax break or something.
Bullboard Posts