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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 2021Gambleon Jul 25, 2021 12:01pm
127 Views
Post# 33601972

RE:???

RE:???I can provide one.

It is relatively recent

It is in the cdn O&G sector

It was a 20:1 consolidation

Even with the recent O&G correction, it is still well up on the pre-consolidation

Precision Drilling - PD.t

cheers

littledave55555 wrote: Does anyone have any idea of a company that stock price go up after a revise split... I know calfrac did a revise split they are down... so did HITI to get onto the nazdaq and they are down.... I'm looking for a possitive side to this but not found one.... I seen TAL was thinking about a revise split but have change there mind ... thinking they can buy back stock instead..... 


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