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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 TimeBuilderon Aug 04, 2021 7:42pm
123 Views
Post# 33652618

RE:RE:RE:Relax and

RE:RE:RE:Relax and Spyglass Resources   :>(   WOW
We owned a pile & got to eat them all with NO tax right off  Not one of our better investments...could be our # 1 in loss ever...Live & Learn & do not look back.. Thanks for the bitter memory  Regards TimeBuilder  Note:  Very:Happy we dumped SGY.T  @ .56 cents & can use the tax right off this year.. 
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