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) > 2021 Information Circular, Stock Incentive Plan

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Comment by Herfa1on Apr 20, 2021 9:52am

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Post# 33028251

RE:2021 Information Circular, Stock Incentive Plan

The stock goes up to 0.70$ with big volume. Surge decide to delay the update from originaly end of march to the end of April. Suddenly the stock is going down slowly to 0.55 with low volume. Now we learn that the company want to increase their stock option plan so that they can put a value at 0.55$ or less. Not good.

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Mullen Group's Robust Case for Value, Part 1: Less-than-Truckload