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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) > 'Energy crisis ahead': Nuttall makes case for $100 oil
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Comment by Countrin2tiveon Jul 24, 2021 2:02pm
105 Views
Post# 33601052

RE:RE:RE:RE:RE:RE:RE: 'Energy crisis ahead': Nuttall makes case for $100 oil

RE:RE:RE:RE:RE:RE:RE: 'Energy crisis ahead': Nuttall makes case for $100 oilYep, it's there;

https://www.sedar.com/GetFile.do?lang=EN&docClass=10&issuerNo=00010447&issuerType=03&projectNo=03251028&docId=5005616

Fortunately, the Q2 results are out before this meeting takes place.  A strong quarter would be helpful for management to justify this consolidation proposal.  Otherwise, in my view, there will be a slow maybe rapid drift down towards the current share price.  These guys seems to have a talent for poking the bear.  This time, I hope there is positive substance for this proposal.
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Dealroom for high-potential pre-IPO opportunities