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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 18, 2021 1:09am
194 Views
Post# 33220209

RE:RE:RE:What are the chances SGY get run over!!

RE:RE:RE:What are the chances SGY get run over!!Because someone will complain no matter what they do. If the stock goes up it's because we are geniuses, not because maybe management is doing ok. If it goes down it's all blamed on idiot management, not because we bought at the wrong time. Get it? So most companies do a little of everything as cash flow permits.
powpow wrote: I ask why is the company drilling?? 
They should be buying themself, but they drill and issues new shares.
I feel like the company isn't taking advantage of their owe stock. Pull out all the stops... why not. 
NP 


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