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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

Post by soundandfuryon Jul 26, 2021 8:13am
165 Views
Post# 33603385

Paul will own 1,411,764 shares post consolidation

Paul will own 1,411,764 shares post consolidationI wonder if anyone told him the good news yet..........even the captain of the titanic was told tbe ship was sinking..........the way paul talked on the conference call about his 12 million shares and how he wanted the dividend as much as anyone.......it almost sounded like he did not even know about this forthcoming share consolidation.......not a peep out of him or jared either......very strange if you ask me....hmmmm
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