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) > All Sold > Now we wait 30 days for BUY back !!!!

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Post by TimeBuilderon Jul 29, 2021 5:04pm

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Post# 33629528

All Sold > Now we wait 30 days for BUY back !!!!

All our SGY holdings are for sale on todays market ( at stink price limit orders) will dump everything before the vote due on13th... A Nice tax write off for 2021 ;>(
...really expected better things from this management.. No telling what will happen within the 30 days.....TimeBuilder

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