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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 Gaboraon Jan 17, 2021 10:17pm
233 Views
Post# 32316972

Price forecast Oil, Gas & Chemicals for Sept 30, 2020

Price forecast Oil, Gas & Chemicals for Sept 30, 2020
Hi,


This is a report  from Deloitte.   For Sept 30, 2020.

This is a September 2020 forecast.  This is the most current report I could find.

Now we are January 2020.

Give it a read.  

Projections are changing every day (Pandemic).

Feedback would be appreciated.

Here is the link.

https://www2.deloitte.com/content/dam/Deloitte/ca/Documents/REA/ca-en-e&r-oil-gas-price-forecast-Q3-report-aoda.pdf

GLE
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