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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 Sep 26, 2020 10:38pm
177 Views
Post# 31626091

RE:RE:Recent activity on this SH board

RE:RE:Recent activity on this SH board
leo101 wrote:
Kherson wrote: It is pretty obvious that the group behind the recent bashing of Surge and JOG Capital are getting desperate. 
Keep in mind that the third quarter ends this coming week, not only for Surge, but also for those behind the scenes trying to do a deal with Surge. Since they are a also a publicly traded company with no present producing assets, their financials should be most interesting to read. 
Kherson


kherson, if in fact there is a conspiracy (which i doubt), then the conspirators would not be desperate, they would be celebratory as the share price keeps declining

mistaking windmills for giants is not the path to riches.


The shareprice is indeed dropping and a big reason for that is because of what I have already posted. But, having said that, the folks behind this walkdown still have not been able to buy Surge because Paul and company believe that Surge is worth much more than what the present share price is at!
Kherson

Bullboard Posts