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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

Post by SargeXon Nov 02, 2020 4:48pm
216 Views
Post# 31826745

Here's a good one that is quite indicative of the SGY cult

Here's a good one that is quite indicative of the SGY cult Here's the contents and links to my post upon selling the last of our SGY on May 16, 2016 and one of the replies. Pretty funny now looking back on it.

My post:

Pile of garbage

I think PC is totally full of sh*t and is just a lying promoter. You guys can say how great SGY is and how well run it is, but the proof is in the share price. It's underperformed for way too long. I finally got sick of his BS and bailed yesterday at 2.48. Good-bye and good riddance.

Reply:

''Pile of garbage''

I would not term it that way ,as there is lots of quality here ,and it will reach $ 3.30 by Dec, BUT yes, it is not that well run ,that much I agree



https://stockhouse.com/companies/bullboard?symbol=t.sgy&postid=24890830

https://stockhouse.com/companies/bullboard?symbol=t.sgy&postid=24892394

 

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