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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 Nov 01, 2020 5:38pm
166 Views
Post# 31820658

RE:I'm out

RE:I'm out
Theconsortman wrote: Just dumped the last of my sgy holdings at $0.15 and it feels good to drop the turd. Another reminder to not invest in "bad" Companies. Go look through the management bios. Does not give confidence. I slap myself for being duped. The lack of insider buying finally spooked me into taking the loss and moving on. 


You do realize that SGY is up 33% since you sold! Sadly, you were "had" by one of the best organized bashing campaigns in years!
I will not be surprised if Eric Nutall picked up your 15 cent shares!
Kherson
Bullboard Posts