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.

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Surge Energy Inc (Alberta) > It's a simple question really

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Comment by pennydredfulon Sep 28, 2021 3:43pm

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Post# 33931804

RE:RE:RE:It's a simple question really

It is all listed on SEDAR in a telephone book size document. Keep in mind all businessmen make mistakes (it goes with the territory) . The nature of the high risk oil and gas business is that they are many successes and failures . I do not have the answer to your specific question . What happened in the past cannot be changed ----one must consider the present and make a judgement on the future.

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