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)

Bullboard Posts

Comment by Harleybest1on Nov 10, 2020 2:45pm

55 Views

Post# 31871602

RE:RE:Bail out

JTPlives1 wrote:
Harleybest1 wrote:
sounds like SGY is getting bailed out by government loans and programs.. So the stock goes from $11.00 down to a quarter... the whole time Kherson and his inbred lap dog "Mutt troll" are pumping it .... Now its rebounding to a quarter and he acts like he is some amazing investor....mind you with only losing 90% plus of his investment, it still makes it one of his best picks !!!
sad but true