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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 ariesleafon Feb 11, 2021 9:42am
187 Views
Post# 32536327

SHAREHOLDER'S OF SGY LET'S BE HONEST WITH OURSELVES

SHAREHOLDER'S OF SGY LET'S BE HONEST WITH OURSELVES SGY Is to small too go it alone . After reading about ARX and VII Merger I have come to a conclusion that SGY must find an merge partnership or be sold. Maybe Paramount Resources would be a good fit.
I believe that's the real reason this stock is kept low. We will hear soon.
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