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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 Mar 29, 2020 7:05pm
140 Views
Post# 30858320

RE:BANKRUPT

RE:BANKRUPT
INVESTACENTER wrote: MASSIVE DEBT DUE END OF YEAR... IMPOSSIBLE TO PAY



Why thank you INVESTACENTER for that very important and precise financial information! I also noticed that you have more or less posted the same dire information about a dozen other Canadian Oil and gas Companies on their SH boards. 
Keep up the good work and I can only state that your handlers are not paying you enough!
Kherson
Bullboard Posts