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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.


TSX:SGY - Post by User

Surge Energy Inc (Alberta) > 2.4 Billion in reserves IRR 20%
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Comment by Khersonon May 15, 2021 8:48am
330 Views
Post# 33209558

RE:2.4 Billion in reserves IRR 20%

RE:2.4 Billion in reserves IRR 20%
Windyhill wrote: I do not believe SGY will remain at this undervalued S.P for too long.
Get those reserves into the Barrells safely and efficiently.
G.L.T.A



Keep in mind that a few other folks are also well aware of Surge's reserve figures, hence the low share price due to manipulation. 
Kherson
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