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) > LINE 5

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Comment by kijijion May 10, 2021 3:15pm

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Post# 33166658

RE:RE:RE:RE:RE:RE:LINE 5

Line 5 is three times thcker steel wall than a standard oil pipeline and wrapped in a resin casing.
One of the reasons for building Line 5 was to help protect the Great Lakes and reduce oil tanker, rail tank traffic in the region. The stupidity of greentards is amazing. They live comfortable lives and rage against the building blocks of their comfortable lives. Eco-lunacy virtue signalling morons who vote for traitor Trudope no doubt.

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