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 honda777on Apr 05, 2020 7:53pm

116 Views

Post# 30881442

RE:Latest News Opec Meeting Postponed

I doubt this meeting will ever succeed. First, Russia will want the US to end their sanctions against them before they say they'd cut their production. 2nd, Trump will not cave to them because the last time Russia said they would cut, and the price of oil went up, they increased production, as the liars of the world that they are. S.A. are tired of Putins BS and lies also so this price of oil will be going down again and fast in my opinion!

Bullboard Posts

First Helium advances winter drilling program with Leduc Anomaly test well