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.

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Surge Energy Inc (Alberta) > How about this?

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Comment by soundandfuryon Feb 03, 2021 4:01pm

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Post# 32461487

RE:RE:RE:RE:How about this?

Chris007 wrote: lol...kudos to your creativity. Kind of like the energy world equivalent of a small country pegging their currency to the USD

soundandfury wrote:

Chris007 wrote: lol...that plan is hilariously awesome enough to work. Write an email to Paul about your plan, ASAP

soundandfury wrote: Sgy put some money aside......then sgy buy soi really like that ideame exxon stock with that money .......then sgy pay its shareholders the dividend it recieves from exxonn.......that way its exxonn who is paying us our dividend and sgy still has the cash

i really like that idea if sgy has some extra cash.......it allows sgy to maybe get a capital gain if exxonn stock goes up and it allows the biggest oil compant to set the dividend rate......its an absolutely splendid idea if i do say so myself