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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 TickerStock101on Sep 16, 2021 5:05pm
133 Views
Post# 33874902

RE:Well you only need to look at a 10 year chart

RE:Well you only need to look at a 10 year chart

Your hilarious "soundandfury", the amount of twisted truths you spew out is rediculous. I still don't understand your motivation behind your hate for Surge and Paul Colbourne. You can look at ANY Canadian oil company 10 year chart and see the same thing! Crescent Point, Whitecap, etc . All of them have been collapsing for the last 10 years because of the Canadian oil pipeline situation/WTI price..... I would say educate yourself, but I think you already know that and are just playing dumb with some ulterior motive. Same goes for Arielsleaf and the others...

Anyhow now the opportunity is ripe for big gains! We have pipeline capacity with enbrige line 3 expansion, there is no more Opec/US battles and companies around the world have not been drilling new wells like they used to for along while, yet they need too, just to try to maintain production figures. Then you have demand that just keeps rising, but now there is no supply to match it...

All Canadian energy companies are getting ready for big gains and all are making big gains currently including Surge, yet Surge is primed for even more as it is even more undervalued than all on the Stock Market. But it won't be for long..... ((I know you know this and are just acting like a fool (you know who you are) but FYI most Canadian companies also have made less money then they could have due to hedges, techniqually with the Astra asset now Surge has only 36% hedged at a lower price than market, but by 2022 even that will change)) 

Stay classy,
Ticker
 
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