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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) > Thoughts
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Comment by blackdogon Apr 09, 2021 7:40pm
163 Views
Post# 32971616

RE:Thoughts

RE:Thoughts It is the market that is flat, not just SGY.  Everyone is holding their breath waiting to see just how poorly Trudeau and Freeland will do on the 19th.  No one is expecting anything positive.  I doubt that there will be anything worse than more of the same for the energy sector; but personal wealth and the investment climate generally are nervous and uncertain.
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