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 HonestAlon Nov 03, 2020 11:48am

188 Views

Post# 31829842

RE:RE:RE:RE:RE:RE:RE:RE:I'm out

Thanks Sarge. No, guys like Freezin' are a dime a dozen and offer nothing constructive. I'm old enough to not give a rats a$$!!!! He still hasn't sold me on why to hold SGY today. I'm happy with my decision to move on and i hope the longs do well.

I've held SGY since 2014, 2015 and make some dough in and out, collected some dividend, I'm good. NO regrets. Take care man.

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