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) > Interstesting

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Comment by Khersonon Jun 02, 2021 8:16am

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Post# 33309430

RE:Interstesting

littledave55555 wrote: I am new to the investing world but i do see reason to buy an reasons to sell ... now why would someone be sell sgy at 59 cent why they could get 70 cents is very interesting to me ????

There is alot of share price manipulating going on with this stock behind the scenes simply because of the large OOIP numbers!
Simply looking at the wall put up yesterday at 60 cents!
Kherson

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