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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 Kadiddelhopperon Jul 30, 2021 5:46pm
156 Views
Post# 33635916

RE:Nutter

RE:NutterRegarding the " New " guard of Surge Investors, they don'y know what they don't know.
  WE, of the Old Guard  ( 5, 6, or7 years) put our funds at risk...some played well,while Others  got played . I don't wish it on anyone to be " Played " with exciting word-play, and "Trust of nice guy Managers doing their best" , they will learn in the final analysis that the factor of Risk is paramount in any investment.
 I do hope that Surge survives and rises like a phoenix... I  just need more substance to the Proposal that has been put forward... and a delay &/or modification to the Rollback would be helpful ... aw Shucks.... ain't gonna happen! THe Marriage is kaput! Reality bites !
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