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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) > SGY - May 2021 Investors presentation posted
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Comment by Jnasty2pointOon May 16, 2021 5:18pm
192 Views
Post# 33211811

RE:RE:RE:RE:RE:RE:SGY - May 2021 Investors presentation posted

RE:RE:RE:RE:RE:RE:SGY - May 2021 Investors presentation postedDoes anyone not think this is a massive issue? It goes beyond trying to be cunning in my opinion. No barrels gained noted from both drilling programs 1H and 2H and a ton of cap ex next year with no additional barrels either!! Something is up. Nervous as a planned long term holder.
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Dealroom for high-potential pre-IPO opportunities