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Surge Energy Inc (Alberta) T.SGY

Alternate Symbol(s):  T.SGY.DB.B | ZPTAF

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

Post by littledave55555on Aug 17, 2021 5:52am
330 Views
Post# 33715610

hummmmmm???

hummmmmm???Lots of negativity out there for SGY ... That is just a waste of time... maybe time for you to move on and invest in something else.... SGY will be in the possitive side for the 3 rd quarter and buy next year if they play there cards right , will be buy back shares.... They have a  lot of assests .. An that is  money, lots and lots and lots of money so relax.... an enjoy the ride ... It will be doubling there share price by christmax and maybe even 3 X there price it is now .... invester will be coming back to the oil industry .... This is a bull market... so load up and relax....
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