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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 CanadianOil2022on Nov 21, 2021 8:44pm
330 Views
Post# 34151469

RE:RE:RE:RE:Raymond James Says $12 SGY, BMO & NATIONAL $10

RE:RE:RE:RE:Raymond James Says $12 SGY, BMO & NATIONAL $10Eric Nuttall put out a Chart saying Surge energy is a fantastic buy in oil because of superior cash flows. Furthermore, Josh Young oil analytics whose fund is up 354% year to date has been a buyer of Surge at higher prices than here. PLUS RAYMOND JAMES & NATIONAL BANK PLUS BMO All saying $10 to $12. 
Read their reports 

BMO ON BNN BLOOMBERG TODAY said Surge Energy has the best cash flows to BUYBACK all their shares

Raymond James Says of SGY $12
WALL STREET SAYS 200% UPSIDE

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