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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 Maxmoeon Mar 05, 2021 1:53am
85 Views
Post# 32725494

RE:RE:RE:RE:RE:RE:Rumours are on the street

RE:RE:RE:RE:RE:RE:Rumours are on the street Help me out guys. You and upside123 pop up on the radar out of nowhere. Upside was dormant for years and you are brand new. Please explain this phenomenon, it's happening every day on every board I follow. A few months ago it was bashers everyday but sgy has tripled since then. So is it new investors discovering the wonders of stockhouse? Old investors no longer too embarrassed to admit they own oil stocks? Or is it organized pumptards switching teams from the same troll farm "social media consulting firms" that once spewed shameless bashers? I don't get it but you guys are popping up like dandelions in spring.
DavidSummers wrote: SGY had np paying %% back in January 2020 . They were one of the first to suspend %% and they will be one of the first to reinstate. Valued well over current SP  with current assets . Growing production and paying off debt which is little compared to others . They were ready to increase %% awhile back with record production in 2019 and then covid happened. Holding .50 strong for the last month and Oil has had two huge months I see things  only continuing to improve going into the summer and 2022. See ya at 1.00 soon enough. Try to look for a better deal right now with a .0083 if not even an increase in %% 2021. The bashers are out in full force to steal your shares like they have been for a long time on SGY. You will be very sad to sell now and see a %% being reinstated shortly and the fins only improiving.  This is the time to buy...


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