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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 Maxmoeon May 14, 2021 1:50am
155 Views
Post# 33201578

RE:RE:Earnings tomorrow!!

RE:RE:Earnings tomorrow!!Enjoy your golf weekend. I'm getting less interested in any bullboards with the nicer weather. I'm expecting results similar to most others. MUCH improved from last year and last quarter but a little disappointing because of hedging and the delay that causes due to sharp spikes up and down in Commodity prices. Guidance should be fantastic. Especially if it drills down (pun intended) to the sparky level.
littledave55555 wrote: I going to say it will be better then expected becauses most of the oil companys have done better then expected .... Most analyst have wti at the most this year 55 bucks a barrel but it has been mostly in the 60 buck  to 65 range .... I am a possitive person and really know nothing about the company but still POSSITIVE THINKING  lol have  a great weekend i'm going golfing lol


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