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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 Sunset48on May 14, 2021 4:17pm
229 Views
Post# 33205381

RE:WHEN DID SGY TROUBLES START.?

RE:WHEN DID SGY TROUBLES START.?Looks like we're now in the UP cycle.   Therefore it might be time to sit back and enjoy it.  If you do your homework you should note that many oil companies hit the skids starting around 2018.
Time to sit back and relax and forget about 2018.  It's history my friend.
Have a great weekend.
Sunset.
OH...my bicycle ride today was 70.6 km.  I'm not worried one bit.
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