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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) > still hoping for $3.00 soon
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Comment by Harleybest1on Nov 26, 2020 4:35pm
119 Views
Post# 31983250

RE:RE:still hoping for $3.00 soon

RE:RE:still hoping for $3.00 soon
jerichoDeer wrote:
TJplows1 wrote: A east coat buddy of mine Trevor, who is an amazing investor said SGY was the buy of a lifetime at $3.00 with a juicy dividend so I bought huge, hope we get back there soon so I break even.... Cheers to all the longs
wouldnt be holding your breath, just saying...  The only reason SGY didnt go into bankrupcey like the rest of Khersons picks is it was bailed out by goverment loans...  Sad but true..



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