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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

Comment by ol_grizon Feb 13, 2021 12:24pm
155 Views
Post# 32561884

RE:RE:RE:RE:RE:RE:RE:RE:RE:WTI may break $60 today

RE:RE:RE:RE:RE:RE:RE:RE:RE:WTI may break $60 todayActually, Mugs, you don't, because you don't seem  capable of recognizing the middle.

Trump was/is a reprehensible rascal and sociopath heading up a party that has gone to hell in a handcart.  Biden is the face of what major party politics generally has become in the U.S. (and Canada) and that is a poll-driven unprincipled and overall directionless mess.

As for oil, I'm for it - and for its DECLINE - gradually.  And I believe we'll keep using it until it's completely uneconomical to extract the last few barrels.


mugs19 wrote: Impeachment 2.0 is just a shiny object so people don't focus on the dictatorial moves of Ol' Joe Or should I say Ol Joe's handlers. 

Dream on Pointer - you don't know sh!t from shinola. Trump 2.0 in 2024 - whether it's The Donald or one of his kids.

OK Griz your turn, we know where you sit ...

mugs


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