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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 30, 2021 9:15pm
180 Views
Post# 34183153

RE:RE:RE:Surge SGY = $12/Share Raymond James & BMO NATIONAL BANK $10+

RE:RE:RE:Surge SGY = $12/Share Raymond James & BMO NATIONAL BANK $10+Eric Nuttall Ninepoints energy loves Cashflows per share and Surge Energy has perhaps the Best CASHFLOWS PER SHARE... 23,000 barrels of Oil daily and only yes only 85 million shares .... Eric said top pick Cardinal or Gear are in fact vastly underproducing Great Surge energy and SGY has half their outstanding shares 
therefore better Surge Metrics Facts are Facts 


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