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News Focus
Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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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) > Someone hiding behind "anonymous"
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Comment by Crtclthnkron Dec 16, 2020 9:23pm
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Post# 32125334

RE:RE:Someone hiding behind "anonymous"

RE:RE:Someone hiding behind "anonymous"I was selling today at .355 after seeing what happened to Highwood HOCL. Forced to sell Clearwater assets to pay debt. You can see the end result to their share price.  My concern is SGY will be forced to sell assets as no one will want their debt. hangover. I hope I'm wrong as I still have a significant position. 
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