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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) > From the Globe & Mail this morning...
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Comment by zack50on Aug 26, 2021 1:17pm
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Post# 33770118

RE:RE:From the Globe & Mail this morning...

RE:RE:From the Globe & Mail this morning...

WanTBe1, usually when an analyst gives aprice target, he/she is suggesting where the price will be in 12 to 18 months. I guess the price target can be acceptedas having some value and can be useful in trading because it may create short term movement and can exert some influence. 


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