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)

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Post by soundandfuryon Mar 25, 2021 9:12pm

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Post# 32883788

Fcf

It says sgy will generate 40% fcf in 2022 if wti stays at 60.00 ......i suppose that means 40% of cash flow from operations will be fcf..............i was looking at sgy banking syndicate members today versus members a year ago.......wells fargo is no longer in the banking syndicate........business development bank (bdc) is new member of syndicate

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From now on, dynaCERT instead of Bitcoin or NVIDIA?