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) > Production guidance for 20201?

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Comment by stockwatcher248on Mar 14, 2021 8:42pm

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Post# 32796158

RE:Production guidance for 20201?

great points Sound.....but I like, am sure like you, would rather than see conservative achievable estimates rather than pie in the sky's......I'm totally content with Alpha's more conservative estimates and will be a buyer tomorrow at 70c, if possible....Asia has a quiet opening.....Dow future are up 100... crude futures are up 25c....should be safe to buy tomorrow morning @ 70c

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