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.

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Surge Energy Inc (Alberta) > Consolidation

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Comment by Khersonon Jul 20, 2021 7:51pm

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Post# 33579462

RE:Consolidation

Playsmart wrote: In my view, It may lead to early divident start and more investor might be attracted, which will lead to bouncing of share price, but people with high breakeven sp might be hesitant with consolidation. Let's see how it worked out.

How would the consolidation lead to an earlier dividend payment program? Personally, I think you are a fool to even suggest such a thing as the two are totally un-related.
Kherson

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