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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 Jun 24, 2020 6:30am
120 Views
Post# 31184526

RE:RE:RE:Bow Tie on BNN

RE:RE:RE:Bow Tie on BNN
RayDonovan78 wrote: John, Dont be so hard on him.....He feels the stock has been beat up but likes the company !!  Lol

PAST TOP PICK- SGY Recommended at $1.19, Now $0.38 Down 66%


JohnFriesen wrote: Thanks, I'll make sure to NOT watch




There are a couple of comments from Josef that one has to keep in mind when listening to him.
1) He firmly believes that the price of oil will drop another $10 bucks very soon.
2) He is still holding his position, but plans on buying more in the 4th Quarter. That clearly tells me that he is/was fully aware of the ongoing merger talks.
Kherson

Bullboard Posts