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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
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(6)
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Comment by Oilererik1on May 12, 2020 11:45am
185 Views
Post# 31017114

RE:Scotiabank on relief $$ for oil and gas including Surge

RE:Scotiabank on relief $$ for oil and gas including SurgeKey phrase is the last one:

We believe this program and the previously announced BDC and EDC programs are most likely to benefit 
KEL, POU, SGY, and potentially IPCO and NVA.

Potentially good news...Thanks for posting!
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities