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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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(16)
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Comment by scienceguy36on Jun 05, 2020 11:12am
138 Views
Post# 31116493

RE:RE:RE:RE:But considering where the oil price is today

RE:RE:RE:RE:But considering where the oil price is today
JohnFriesen wrote:
scienceguy36 wrote:
ariesleaf wrote: We should be up alot higher. 


I beg to differ. Oil up 4.38% and SGY up 14.29% and rising.


Maybe you missed it, but SGY has been dead in the water while oil has risen for weeks.


Nope. Instead was slowly accumulating and waiting for the right catalyst.
Bullboard Posts
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