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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) > $300 Million Cash Flow 2022 SGY $12 Target Surge SGY
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Comment by CanadianOil2022on Nov 21, 2021 8:38pm
174 Views
Post# 34151457

RE:RE:RE:RE:RE:$300 Million Cash Flow 2022 SGY $12 Target Surge SGY

RE:RE:RE:RE:RE:$300 Million Cash Flow 2022 SGY $12 Target Surge SGYBuying Surge TODAY $4.30s Going up 200% to $12 share according to Jeremy McCrea of Raymond James says..

BNN BLOOMBERG  JUST SAID SURGE cashflows are the best to buybacks all their shares....
Surge saysc$300,000,000`cash flows in 2022 

Great Surge SGY ... $12 SGY Raymond James Says 
$300 MILLION 1X CASHFLOWS SINCE SGY TRADED TODAY ONLY $365 million Great Buy Surge according to RJ BMO & National bank $10+ sgy.
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