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)

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Comment by Rickpooles1967on Sep 22, 2020 3:53pm

164 Views

Post# 31598711

RE:SGY has gone from $11.00 to .23 cents, the market has spoken

jerichoDeer wrote: Kherson has been pumping this stock since it was over $2.00 , always promising some big buyout so take there posts with a giant grain of salt. Keeping them honest !! For the record, Khersons other big buy out promises have all filed for bankruptcy, like PLT.UN and AET.UN along with SGL and PSN and SLI.... just keeping them honest .... Regards

Not a good long term investment, better to have bought GIC'S

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