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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) > OIL WILL BE BACK OVER $80.SOON
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Comment by winterishereon Dec 02, 2021 12:46pm
201 Views
Post# 34190741

RE:OIL WILL BE BACK OVER $80.SOON

RE:OIL WILL BE BACK OVER $80.SOON
WanTBe1 wrote: With all the building in Bidens plans demand will pick up and pass these oil gains. Price for oil will be back over $80.

Poor old Surge isn't getting any love these days and that fool Biden will be doing everything in his power to drive down the price of oil.
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