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.

TSX:SGY - Post by User

Surge Energy Inc (Alberta) > WTI may break $60 today

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Comment by mugs19on Feb 13, 2021 6:30pm

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Post# 32563085

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

"And I believe we'll keep using it until it's completely uneconomical to extract the last few barrels."

It will become uneconomical 50 years after everyone on this board is dead and buried.

As for the fools who call over 74 million people in the US who voted for Trump cultists? You are not centrist.

mugs

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