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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 Aug 15, 2021 10:42am
286 Views
Post# 33707237

RE:They are essentially transfering equity from ?

RE:They are essentially transfering equity from ?Not supposed to do this, but desperate measures call for Action. ..In the ClearWater a Brit upstart acquitring .. ITE..just pd a small Dividend and more to come eventually.
 Another Country... TXP.. drilling action in T  & T ( away from Trudeau !) Gas sales contract already in plave and a slew of properties to be drill ed and broughton production for Trin& TObago  LNG.. Calgary CEO, and Headquartered....Touchstone TXP... THats two but then there are Erics , GXE, NVA, BTE... Low on share Cost at the moment but set for brighter times ahead.
.... Got Lemons, start makin' Lemonade
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