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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

Post by twinjetton Nov 22, 2021 4:41pm
244 Views
Post# 34154509

More days of Astra shares to be sold

More days of Astra shares to be soldThe longer the Astra holders wait to sell the less there going to get. It's like a fire in a theater all the Astra holders are heading for the exits. Lot of them want out of oil as is not politically correct to be holding. About 30 more days of big selling almost 700k shares sold today.Tax loss selling is part of it too. I plan on doing a double down in December price will be the ender 4.00. Just keep selling Astra holders I'm depending on you to get this under 4.00 for me.
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