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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) > Volcano !!!
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Comment by littledave55555on May 21, 2021 4:54pm
204 Views
Post# 33252504

RE:RE:Volcano !!!

RE:RE:Volcano !!!No more balls to the wall drilling an relying on banks to pay.... They are paying down debt .. That is very good for the company and for the share holders... They can get bigger after the debt is gone.. that what its baste on for me... Just my opionion ... have a great weekend 
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Dealroom for high-potential pre-IPO opportunities