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) > I'm not talking about investor base

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Comment by Maxmoeon Feb 05, 2021 7:50pm

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Post# 32491174

RE:I'm not talking about investor base

As my buddy Joe Biden would say. Okay, here's the deal. Why are you arguing about cash flow and stock prices based on 70 and 80 oil? Why not $1000 WTI? Cmon man, gimme a break.

soundandfury wrote: I'm talking about what the company is worth at different crude prices...........this is more of what sgy share is worth on a take out offer given its ability to earn free cash flow..........in my opinion sgy at 80.00 wti is worth 5.00 per share on a buyout

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