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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 nel12on May 08, 2021 7:17pm
212 Views
Post# 33160711

RE:Cyber attack on oil

RE:Cyber attack on oilAmazing that some American states want to shut down oil pipelines and don't realize that they need to have them because all you need is a computer hack and they have shut down half the oil supply to the US..Imagine the winter like Texas had in the entire east coast.. The governor of Michigan and others should pay real attention to these possibilities... They are blinded by narrow minded stupidity.
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