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) > Let the gong show continue

<< Previous

Bullboard Posts

Next >>

Comment by Kadiddelhopperon Jul 29, 2021 12:33pm

151 Views

Post# 33623633

RE:RE:RE:Let the gong show continue

Agree, but put-off buying back Shares until the Debt ( s ) are reduced to a !:! ratio with FFF, then consider nibbling at reducing the shares by buying them back. These distractions of S.E. Sask,Astra Merger, Consolidation, Dividend....lot of balls bouncing and you need an able Juggler to navigate...fingers Xed

<< Previous

Bullboard Posts

Next >>

Pro Women’s Hockey League comes to NHL 25 in December