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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 HonestAlon May 21, 2021 2:45pm
171 Views
Post# 33249062

RE:RE:RE:2.4 Billion in reserves IRR 20%

RE:RE:RE:2.4 Billion in reserves IRR 20%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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According to you SGY has been "manipulated" downward for years for a buyout that you have been saying for years is right around the corner but never seems to come.

Kherplunk is the best investor i have ever seen. If a stock he loads up on like SGY goes down 65% it is because of downward "Manipulation" If a stock he  badmouts and shorts like CHE  goes up 75% in the last year its because it is being "Manipulated" upwards.

In actual fact the problem is not "Manipulation" it is that Kherplunk is not very bright and cant seem to ever pick a winning stock.

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Excellent post sclarda.  I read about 18 Bullboards and whenever the price is frozen or dropping, it's always MANIPULATION.  Which is another word for SOUR GRAPES, YOUR PICK SUCKS!  hAVE A NICE LONG WEEKEND.


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