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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) > I just keep shacking my head...
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Comment by ol_grizon Nov 04, 2021 11:29am
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Post# 34086943

RE:RE:RE:I just keep shacking my head...

RE:RE:RE:I just keep shacking my head...You've got it.  Past sins are rarely atoned for quickly unless luck plays a part.  The recent acquisitions were fine accretive targets but necessarily delay the desired outcome.  Hard to be so patient when others "surge" by us, but there it is.  Maybe even Q2 before we breathe easy.
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Dealroom for high-potential pre-IPO opportunities