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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 Baystboy07on Nov 16, 2021 9:38am
92 Views
Post# 34131149

RE:RE:RE:RE:RE:RE:Obviously if annapolis fund is going to buy sgy

RE:RE:RE:RE:RE:RE:Obviously if annapolis fund is going to buy sgyReally...where did you get a law degree? What statement have I made that is false....the fact they have bad governance...the fact they don't have earnings calls....the fact they saddled the company with too much debt and almost bankrupted it...the fact they were forced to sell assets for cash and buy assets for stock to cushion the banker position.....So Sue me....LOL...poor corporate governance..LOL...you are a paid pumper is all you are...
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